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INVESTEC BANK LIMITED - Potential automatic exercise of BATIIA autocall notes

Release Date: 22/02/2022 13:45
Code(s): BATIIA     PDF:  
Wrap Text
Potential automatic exercise of BATIIA autocall notes

INVESTEC BANK LIMITED


 Underlying Asset                   British American Tobacco PLC (London)

 Strike Price                       2597.63

 Expiry Date                        05 March 2026

 Cover Ratio                        1:1

 Call/Put/Other                     Call

 Style                              Bermudan

 Issue Size                         200 000

 JSE Code                           BATIIA

 ISIN Code                          ZAE000296703


POTENTIAL AUTOMATIC EXERCISE OF BATIIA AUTOCALL NOTES (AUTOCALLS) ON 07 MARCH 2022

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential
automatic Exercise on 07 March 2022 (see the related securities above). If the conditions for Exercise are fulfilled the
Autocalls will be automatically Exercised on 07 March 2022.

 Condition for Exercise                   Closing level of the Underlying Asset on 07 March 2022 is greater than the
                                          Strike Price

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

Salient information should the Condition for Exercise be met:

 Cash Settlement Amount                   R1,420.0000

 Last date to trade                       Tuesday, 08 March 2022

 Suspension date                          Wednesday, 09 March 2022

 Record date                              Friday, 11 March 2022

 Payment/Redemption Date                  Monday, 14 March 2022

 Termination date                         Tuesday, 15 March 2022



Date: 22 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: 22-02-2022 01:45:00
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