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ABSA BANK LIMITED - LPEGP1- Notice of Expiry of Long Equity Investment Plan Security

Release Date: 15/04/2021 16:11
Code(s): LPEGP1     PDF:  
Wrap Text
LPEGP1- Notice of Expiry of Long Equity Investment Plan Security

ABSA BANK LIMITED
(Incorporated with limited liability in South Africa under registration number 1986/004794/06)
Bond Issuer Code: BIABS
("“Absa”)
Instrument Long Name: ABLPEGP1–20April2021
JSE Short Code: ABLPEGP1
Alpha Code: LPEGP1
Instrument ISIN: ZAE000217949

Notice of Expiry of Long Equity Investment Plan Security (LEIP)

Holders of LEIP securities are advised of the LPEGP1 LEIP expiry at the close of trade on Tuesday, 20
April 2021 (“Expiry Date”).

Please note that holders of the LEIP securities should ensure that their holdings are registered prior to the
expiry date as only registered holders are entitled to exercise. All holders of the LEIP security as at the
Expiry Date will be paid the Expiry Price as determined at the end of day of Thursday, 22 April 2021.
Settlements will not take place via Strate Limited.

A further an announcement with the final price will released on 22 April 2021.


 Instrument Long Name                   ABLPEGP1–20April2021
 JSE Short Code                         ABLPEGP1
 Alpha Code                             LPEGP1
 ISIN                                   ZAE000217949
 Underlying Index                       FTSE 100 Index and EURO STOXX 50 Index
 Issue size                             153,413
 Linked Shares                          Anglo-American PLC
 Initial Price                          R163.50
 Indicative Expiry Price*               R170.91*
 Sector                                 Investment Product
 Listing Date                           12 May 2016
 Last date to trade                     Thursday, 15 April 2021
 Suspension date                        Friday, 16 April 2021
 Record date                            Tuesday, 20 April 2021
 Payment Date                           Thursday, 28 April 2021
 Termination date                       Thursday, 29 April 2021


* Holders of LEIP securities LPEGP1 are advised that 50% of the issue size (76,706) had striked and was
settled on 23 April 2019 at an expiry price of 229.7175. The settlement took place outside of Strate. The
Indicative expiry price is based on the remaining issue size of 76,707 units of LPEGP1.


Copies of the pricing supplement and Offering Circular are available at the office stated below.
Structured Products
Absa Bank Limited
15 Alice Lane
Sandton
2146

For further information contact
Tel: +27 (0) 11 895 5528
Email: aiss@absa.co.za
15 April 2021

Debt sponsor to ABSA Group Limited and Absa Bank Limited:
Absa Bank Limited, acting through its Corporate and Investment Banking division

Date: 15-04-2021 04:11:00
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