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

INVESTEC BANK LIMITED - POTENTIAL AUTOMATIC EXERCISE OF SXBIIB AUTOCALL NOTES ON 10 AUGUST 2021

Release Date: 27/07/2021 09:30
Code(s): SXBIIB     PDF:  
Wrap Text
POTENTIAL AUTOMATIC EXERCISE OF SXBIIB AUTOCALL NOTES ON 10 AUGUST 2021

INVESTEC BANK LIMITED


 Index                               EuroStoxx ® Banks Index
 Strike Price                        81.58
 Expiry Date                         08/08/2024
 Cover Ratio                         1:1
 Call/Put/Other                      Call
 Style                               Bermudan
 Issue Size                          50 000
 JSE Code                            SXBIIB
 ISIN Code                           ZAE000284998


POTENTIAL AUTOMATIC EXERCISE OF SXBIIB AUTOCALL NOTES (AUTOCALLS) ON 10 AUGUST 2021

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential
automatic Exercise on 10 August 2021 (see the related securities above). If the conditions for Exercise are fulfilled the
Autocalls will be automatically Exercised on 10 August 2021.

 Condition for Exercise                    Closing level of the Index on 10 August 2021 is greater than
                                           the Strike Price

 Date of announcement of whether           Wednesday, 11 August 2021, by 11h00
 Condition for Exercise was met


Salient information should the Condition for Exercise be met:

 Cash Settlement Amount                    ZAR1,653.00

 Last date to trade                        Wednesday, 11 August 2021

 Suspension date                           Thursday, 12 August 2021

 Record date                               Monday, 16 August 2021

 Payment/Redemption Date                   Tuesday, 17 August 2021

 Termination date                          Wednesday, 18 August 2021



Date: 27 July 2021

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: 27-07-2021 09:30:00
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