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

INVESTEC BANK LIMITED - Automatic exercise of SXEIIV autocall notes

Release Date: 13/12/2021 08:47
Code(s): SXEIIV     PDF:  
Wrap Text
Automatic exercise of SXEIIV autocall notes

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


         AUTOMATIC EXERCISE OF SXEIIV AUTOCALL NOTES (AUTOCALLS) ON 10 DECEMBER 2021

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

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

 Condition for Exercise                      Closing level of the Index on 10 December 2021 is greater than the Initial
                                             Index Level

 Date of announcement of whether the         Monday, 13 December 2021, by 11h00
 Condition for Exercise has been met

 Cash Settlement Amount                      R1,412.0000

 Last date to trade                          Monday, 13 December 2021

 Suspension date                             Tuesday, 14 December 2021

 Record date                                 Friday, 17 December 2021

 Payment/Redemption Date                     Monday, 20 December 2021

 Termination date                            Tuesday, 21 December 2021



Date: 13 December 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: 13-12-2021 08:47:00
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