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INVESTEC BANK LIMITED - Potential automatic exercise of FTSIIF autocall notes

Release Date: 22/12/2022 08:31
Code(s): FTSIIF     PDF:  
Wrap Text
Potential automatic exercise of FTSIIF autocall notes

INVESTEC BANK LIMITED


 Index                                FTSE 100 Index

 Initial Index Level                  7 575.34

 Expiry Date                          06/01/2025

 Cover Ratio                          1:1

 Call/Put/Other                       Call

 Style                                Bermudan

 Issue Size                           73 000

 JSE Code                             FTSIIF

 ISIN Code                            ZAE000283198


   POTENTIAL AUTOMATIC EXERCISE OF FTSIIF AUTOCALL NOTES (AUTOCALLS) ON 06 JANUARY 2023

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential
automatic Exercise on 06 January 2023 (see the related securities above). If the conditions for Exercise are fulfilled the
Autocalls will be automatically Exercised on 06 January 2023.

 Condition for Exercise                     Closing level of the Index on 06 January 2023 is greater
                                            than the Initial Index Level

 Date of announcement of whether            Monday, 09 January 2023, by 11h00
 Condition for Exercise will be met


Salient information should the Condition for Exercise be met:

 Cash Settlement Amount                     R1,510.00

 Last date to trade                         Monday, 09 January 2023

 Suspension date                            Tuesday, 10 January 2023

 Record date                                Thursday, 12 January 2023

 Payment/Redemption Date                    Friday, 13 January 2023

 Termination date                           Monday, 16 January 2023



Date: 22 December 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: 22-12-2022 08:31:00
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