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INVESTEC BANK LIMITED - SXEIIR - Expiry announcement

Release Date: 11/08/2020 13:52
Code(s): SXEIIR     PDF:  
Wrap Text
SXEIIR - Expiry announcement

INVESTEC BANK LIMITED


 Index                                Euro Stoxx 50 ® Index

 Initial Index Level                  3 375.38

 Expiry Date                          08 August 2024

 Potential Exercise Date              11 August 2020

 Cover Ratio                          1:1

 Call/Put                             Call

 Style                                Bermudan

 Issue Size                           631,170

 ISIN Code                            ZAE000277190

 JSE Code                             SXEIIR


   POTENTIAL AUTOMATIC EXERCISE OF SXEIIR AUTOCALL NOTES (AUTOCALLS) ON 11 AUGUST 2020

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential
automatic Exercise on 11 August 2020 (see the related securities above).

Holders are referred to the SENS announcement dated 29 July 2020, the conditions for Exercise were not met and
the Autocalls will not be automatically exercised on 11 August 2020. The dates referred to in the SENS
announcement dated 29 July 2020 are not applicable.

 Condition for Exercise                     Closing level of the Index on 10 August 2020 is greater than
                                            the Initial Index Level

 Closing level of the Index on 10           3,259.71
 August 2020

 Date of announcement of whether            Tuesday, 11 August 2020, by 11h00
 the Condition for Exercise was met

 Remaining Exercise Dates                   11 August 2021
                                            08 August 2022
                                            08 August 2023



Date: 11 August 2020

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 Securities (Pty) Limited
        Member of the JSE
        Registration Number: 1972/008905/07

Date: 11-08-2020 01:52:00
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