INVESTEC BANK LIMITED - No exercise of IMPIID autocall notes

No exercise of IMPIID autocall notes

INVESTEC BANK LIMITED


 Underlying Asset                   Impala Platinum Holdings Ltd (Johannesburg)

 Strike Price                       16,544.80

 Expiry Date                        09 June 2027

 Cover Ratio                        1:1

 Call/Put/Other                     Call

 Style                              Bermudan

 Issue Size                         100 000

 Listing Code                       IMPIID

 ISIN Code                          ZAE000311650


  UPDATE ANNOUNCEMENT - NO EXERCISE OF IMPIID AUTOCALL NOTES (AUTOCALLS) ON 9 June 2023

Holders are referred to the SENS announcement dated 26 May 2023, the conditions for Exercise were not met and the
Autocalls were not automatically exercised on 9 June 2023. The dates referred to in the SENS announcement dated 26
May 2023 are not applicable.

 Condition for Exercise                   The closing level of the Underlying Asset on 9 June 2023, multiplied by the
                                          Dividend Adjustment Performance, is greater than 90% multiplied by the Initial
                                          Asset Price
 Closing level of the Underlying          15,620.00
 Asset on 9 June 2023

 Remaining Exercise Dates                  Monday, June 10, 2024
                                           Monday, June 9, 2025
                                           Tuesday, June 9, 2026
                                           Wednesday, June 9, 2027



Date: 12 June 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: 12-06-2023 01:20:00
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.