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INVESTEC BANK LIMITED - Potential Automatic Exercise of TPBIIA Autocall Notes

Release Date: 23/09/2021 08:30
Code(s): TPBIIA     PDF:  
Wrap Text
Potential Automatic Exercise of TPBIIA Autocall Notes

INVESTEC BANK LIMITED


 Index                               Topix ® Banks Index
 Strike Price                        140.55
 Expiry Date                         03 October 2024
 Cover Ratio                         1:1
 Call/Put/Other                      Call
 Style                               Bermudan
 Issue Size                          80,000
 JSE Code                            TPBIIA
 ISIN Code                           ZAE000279386


  POTENTIAL AUTOMATIC EXERCISE OF TPBIIA AUTOCALL NOTES (AUTOCALLS) ON 04 OCTOBER 2021

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential
automatic Exercise on 04 October 2021 (see the related securities above). If the conditions for Exercise are fulfilled the
Autocalls will be automatically Exercised on 04 October 2021.

 Condition for Exercise                    Closing level of the Index on 04 October 2021 is greater
                                           than the Strike Price

 Date of announcement of whether           Tuesday, 05 October 2021, by 11h00
 Condition for Exercise was met


Salient information should the Condition for Exercise be met:

 Cash Settlement Amount                    ZAR1,444.00

 Last date to trade                        Tuesday, 05 October 2021

 Suspension date                           Wednesday, 06 October 2021

 Record date                               Friday, 08 October 2021

 Payment/Redemption Date                   Monday, 11 October 2021

 Termination date                          Tuesday, 12 October 2021



Date: 23 September 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: 23-09-2021 08:30:00
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