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

INVESTEC BANK LIMITED - SXEIIV - potential exercise

Release Date: 11/12/2020 08:29
Code(s): SXEIIV     PDF:  
Wrap Text
SXEIIV - potential exercise

INVESTEC BANK LIMITED


 Index                              Euro Stoxx 50® Index

 Initial Index Level                3 671.78

 Expiry Date                        10 December 2024

 Cover Ratio                        1:1

 Call/Put/Other                     Call

 Style                              Bermudan

 Issue Size                         450 000

 JSE Code                           SXEIIV

 ISIN Code                          ZAE000282323


  POTENTIAL AUTOMATIC EXERCISE OF SXEIIV AUTOCALL NOTES (AUTOCALLS) ON 10 DECEMBER 2020

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential
automatic Exercise on 10 December 2020 (see the related securities above).

Holders are referred to the SENS announcement dated 03 December 2020, the conditions for Exercise were not met
and the Autocalls will not be automatically exercised on 10 December 2020. The dates referred to in the SENS
announcement dated 03 December 2020 are not applicable.

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

 Closing level of the Index on 10         3,522.31
 December 2020

 Date of announcement of whether          Friday, 11 December 2020, by 11h00
 the Condition for Exercise has
 been met
 Remaining Exercise Dates                 10 December 2021
                                          12 December 2022
                                          11 December 2023


Date: 11 December 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 Bank Limited
        Member of the JSE
        Registration Number: 1969/004763/06

Date: 11-12-2020 08:29:00
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.

Share This Story