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INVESTEC BANK LIMITED - Potential automatic exercise of AALIIA autocall notes

Release Date: 11/04/2023 16:30
Code(s): AALIIA     PDF:  
Wrap Text
Potential automatic exercise of AALIIA autocall notes

INVESTEC BANK LIMITED


 Underlying Index                    Anglo American Group PLC (London)

 Strike Price                        3,223.50

 Expiry Date                         26 April 2027

 Cover Ratio                         1:1

 Call/Put/Other                      Call

 Style                               Bermudan

 Issue Size                          100 000

 Listing Code                        AALIIA

 ISIN Code                           ZAE000310520


     POTENTIAL AUTOMATIC EXERCISE OF AALIIA AUTOCALL NOTES (AUTOCALLS) ON 25 APRIL 2023

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential
automatic Exercise on 25 April 2023 (see the related security details above). If the conditions for Exercise are fulfilled
the Autocalls will be automatically Exercised on 25 April 2023.

 Condition for Exercise                    Closing level of the Underlying Index on 25 April 2023 is greater than the
                                           Strike Price

 Date of announcement of whether           Wednesday, 26 April 2023, by 11h00 (GMT+2)
 the Condition for Exercise has
 been met


Salient information should the Condition for Exercise be met:

 Cash Settlement Amount                    R1,297.5000

 Last date to trade                        Wednesday, 26 April 2023

 Suspension date                           Friday, 28 April 2023

 Record date                               Wednesday, 3 May 2023

 Payment/Redemption Date                   Thursday, 4 May 2023

 Termination date                          Friday, 5 May 2023



Date: 11 April 2023

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: 11-04-2023 04:30:00
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