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INVESTEC BANK LIMITED - Expiry of equity linked note IBLIIJ

Release Date: 11/03/2024 12:45
Code(s): IBLIIJ     PDF:  
Wrap Text
Expiry of equity linked note – IBLIIJ

INVESTEC BANK LIMITED

EXPIRY OF EQUITY LINKED NOTE – IBLIIJ


 Index                                   MSCI World Net Total Return USD Index
                                         (NDDUWI Index)

 Strike Price                            8,374.506

 Expiry Date                             11 March 2024

 Cover Ratio                             1:1

 Call/Put/Other                          Call

 Style                                   European

 Issue Size                              102 000

 JSE Code                                IBLIIJ

 ISIN Code                               ZAE000296851

Investec Bank Limited ("Investec"), as Issuer of the above Equity Linked Note (ELN), hereby reminds holders thereof of the expiry of
the ELN on 11 March 2024.

The holders of the ELN are entitled to a Cash Settlement Amount, which amount will be ascertained by Investec on 12 March 2024 and
will be paid on 22 March 2024. Further amounts and dates per below:


 Cash Settlement Amount                                                    To be announced on 12 March 2024
 Cash Settlement Amount per note by 11:00                                  To be announced on 12 March 2024
 Initial Investment Amount (IIA)                                                            R102,000,000.00
 Expiry date                                                                          Monday, 11 March 2024
 Last date to trade                                                                   Monday, 11 March 2024
 Suspension date                                                                     Tuesday, 12 March 2024
 Record date                                                                        Thursday, 14 March 2024
 Payment/Redemption Date                                                              Friday, 22 March 2024
 Termination date                                                                     Monday, 25 March 2024


Date: 11 March 2024

Copies of the offering circular may be obtained from:
          Investec Bank Limited
          100 Grayston Drive
          Sandown
          Sandton
          2196

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 11 291 0400
          E-mail: investecinstosalesandstructuring@investec.co.za

Sponsor:
          Investec Bank Limited
          Member of the JSE
          Registration Number: 1969/004763/06

Date: 11-03-2024 12:45:00
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