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INVESTEC BANK LIMITED - Automatic exercise of SXEIIX autocall notes

Release Date: 08/02/2022 10:51
Code(s): SXEIIX     PDF:  
Wrap Text
Automatic exercise of SXEIIX autocall notes

INVESTEC BANK LIMITED


 Index                              Euro Stoxx 50 Index

 Initial Index Level                3 777.84

 Expiry Date                        05 February 2025

 Cover Ratio                        1:1

 Call/Put/Other                     Call

 Style                              Bermudan

 Issue Size                         50 000

 JSE Code                           SXEIIX

 ISIN Code                          ZAE000284600


         AUTOMATIC EXERCISE OF SXEIIX AUTOCALL NOTES (AUTOCALLS) ON 07 FEBRUARY 2022

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the automatic
Exercise on 07 February 2022 (see the related securities above).

On 07 February 2022 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore the
Autocalls were Exercised and expired on 07 February 2022. The Holders are entitled to a Cash Settlement Amount
determined as follows:

 Condition for Exercise                      Closing level of the Index on 07 February 2022 is greater than the Initial
                                             Index Level

 Date of announcement of whether the         Tuesday, 08 February 2022, by 11h00
 Condition for Exercise has been met

 Cash Settlement Amount                      R1,402.0000

 Last date to trade                          Tuesday, 08 February 2022

 Suspension date                             Wednesday, 09 February 2022

 Record date                                 Friday, 11 February 2022

 Payment/Redemption Date                     Monday, 14 February 2022

 Termination date                            Tuesday, 15 February 2022



Date: 08 February 2022

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: 08-02-2022 10:51:00
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