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INVESTEC BANK LIMITED - Potential automatic exercise of SXEIIY autocall notes

Release Date: 04/08/2021 09:40
Code(s): SXEIIY     PDF:  
Wrap Text
Potential automatic exercise of SXEIIY autocall notes

INVESTEC BANK LIMITED


 Index                               EuroStoxx ® Index
 Strike Price                        3,289.64
 Expiry Date                         18 August 2025
 Cover Ratio                         1:1
 Call/Put/Other                      Call
 Style                               Bermudan
 Issue Size                          67,300
 JSE Code                            SXEIIY
 ISIN Code                           ZAE000290557


POTENTIAL AUTOMATIC EXERCISE OF SXEIIY AUTOCALL NOTES (AUTOCALLS) ON 18 AUGUST 2021

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential
automatic Exercise on 18 August 2021 (see the related securities above). If the conditions for Exercise are fulfilled the
Autocalls will be automatically Exercised on 18 August 2021.

 Condition for Exercise                    Closing level of the Index on 18 August 2021 is greater than
                                           the Strike Price

 Date of announcement of whether           Thursday, 19 August 2021, by 11h00
 Condition for Exercise was met


Salient information should the Condition for Exercise be met:

 Cash Settlement Amount                    ZAR1,130.00

 Last date to trade                        Thursday, 19 August 2021

 Suspension date                           Friday, 20 August 2021

 Record date                               Tuesday, 24 August 2021

 Payment/Redemption Date                   Wednesday, 25 August 2021

 Termination date                          Thursday, 26 August 2021



Date: 04 August 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: 04-08-2021 09:40:00
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