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JSE LIMITED - GEN - General - New listing - AKO014

Release Date: 18/05/2015 17:23
Code(s): JSER     PDF:  
Wrap Text
GEN - General - New listing -  AKO014

ABSA BANK LIMITED
(Incorporated with limited liability in South Africa under registration number 1986/004794/06)



 ISSUER NAME:                                      Absa Bank Ltd



 LONG NAME:                                        ABAKO01402MAY2018

 SHORT NAME:                                       ABAKO014

 ALPHA CODE:                                       AKO014

 ISIN CODE:                                        ZAE000205217

 INSTRUMENT NUMBER: (formerly Equity               52995
 Number)

 ISSUE SIZE (ACTUAL NUMBER)                        35,000

 ISSUE PRICE(CENTS)                                100 000

 PAYOFF PROFILE                                    Max 3yr term

                                                   If Index is => than strike on anniversary date
                                                   investor receives coupon x no of years invested
                                                   + capital back (i.e. product autocalls)

                                                   If never autocalled then at Maturity Index is
                                                   =>60% of strike then 100% capital back only, if
                                                   <60% then 1:: capital loss in line with Index

                                                   Coupon = 16.35%

 UNDERLYING INDEX                                  Eurostoxx 50 Index

 EXPIRY DATE (E.G. 2001/12/31)                     2 May 2018

 LISTING DATE (E.G. 2001/12/31)                    25 May 2015

 Foreign Status (yes/no)                           Yes

 If yes to the above, is this listing treated as   Yes
 domestic (yes/no)

 Instrument Description                            Call Option
Members are advised that the JSE have a proposed listing with effect from 25 May 2015 in the “Investment
Products” sector of the Main Board.




18 May 2015

Sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking division)

Date: 18/05/2015 05:23:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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