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INVESTEC BANK LIMITED - Automatic Exercise Of SXBIIA Autocall Notes On 10 August 2021

Release Date: 11/08/2021 10:00
Code(s): SXBIIA     PDF:  
Wrap Text
Automatic Exercise Of SXBIIA 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                         120 937
 JSE Code                           SXBIIA
 ISIN Code                          ZAE000277208


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

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the automatic
Exercise which occurred on 10 August 2021 (see the related securities above).

On 10 August 2021 (the Valuation and Exercise Date), the conditions for early exercise were met, therefore the Autocalls
were automatically exercised and expired on 10 August 2021. The Holders are entitled to a Cash Settlement Amount
determined as follows:

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

 Closing level of the Index on 10         98.02
 August 2021

 Date of announcement of whether          Wednesday, 11 August 2021, by 11h00
 Condition for Exercise was 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: 11 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: 11-08-2021 10:00:00
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