To view the PDF file, sign up for a MySharenet subscription.

INVESTEC BANK LIMITED - Automatic exercise of SXEIIZ autocall notes

Release Date: 10/09/2024 07:20
Code(s): SXEIIZ     PDF:  
Wrap Text
Automatic exercise of SXEIIZ autocall notes

INVESTEC BANK LIMITED


 Underlying Asset                   Euro Stoxx 50® Index

 Strike Price                       4177.15

 Expiry Date                        08 September 2026

 Cover Ratio                        1:1

 Call/Put/Other                     Call

 Style                              Bermudan

 Issue Size                         497 000

 JSE Code                           SXEIIZ

 ISIN Code                          ZAE000302352

         AUTOMATIC EXERCISE OF SXEIIZ AUTOCALL NOTES (AUTOCALLS) ON 09 September 2024

As announced on 26 August 2024, Investec Bank Limited, as Issuers of the above Autocall Notes ("Autocalls"), hereby
notifies Holders of the automatic Exercise on 09 September 2024 (see the related securities above).

On 09 September 2024 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore Autocalls
were Exercised and expired on 09 September 2024. The Holders are entitled to a Cash Settlement Amount determined
as follows:

 Condition for Exercise                       Closing level of the Underlying Asset on 09 September 2024 is greater
                                              than the Strike Price

 Date of announcement of whether the          Tuesday, September 10, 2024, by 11h00
 Condition for Exercise has been met


 Cash Settlement Amount                       R1,450.0000

 Last date to trade
                                              Monday, 09 September 2024
 Suspension date
                                              Tuesday, 10 September 2024
 Record date
                                              Thursday, 12 September 2024
 Payment/Redemption Date
                                              Friday, 13 September 2024
 Termination date
                                              Monday, 16 September 2024


Date: 10 September 2024

Copies of Warrant issue documentation can be located on:
        Internet: www.investecwarrants.com

Place and Date of Incorporation of the Issuer:
        Incorporated in the Republic of South Africa
        Registration Number: 1969/004763/06
        Date of Incorporation: 31 March 1969

For further information kindly contact:
        Investec Financial Products
        Tel.: +27 11 286 9663
        E-mail: FPRetail@investec.co.za

Sponsor:
        Investec Bank Limited
        Member of the JSE
        Registration Number: 1969/004763/06

Date: 10-09-2024 07:20:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.