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INVESTEC BANK LIMITED - SXEIIL Expiry

Release Date: 18/10/2019 12:59
Code(s): SXEIIL     PDF:  
Wrap Text
SXEIIL Expiry

INVESTEC BANK LIMITED


 Index                                Euro Stoxx 50 ® Index

 Initial Index Level                  3 134.60

 Expiry Date                          30 October 2023

 Potential Exercise Date              30 October 2019

 Cover Ratio                          1:1

 Call/Put                             Call

 Style                                Bermudan

 Issue Size                           100,000

 ISIN Code                            ZAE000264545

 JSE Code                             SXEIIL


   POTENTIAL AUTOMATIC EXERCISE OF SXEIIL AUTOCALL NOTES (AUTOCALLS) ON 30 OCTOBER 2019

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential
automatic Exercise on 30 October 2019 (see the related securities above). If the conditions for Exercise are fulfilled the
Autocalls will be automatically Exercised on 30 October 2019.

 Condition for Exercise                     Closing level of the Index on 30 October 2019 is greater
                                            than the Initial Index Level

 Date of announcement of whether            Wednesday, 30 October 2019, by 17h10
 Condition for Exercise was met


Salient information should the Condition for Exercise be met:

 Cash Settlement Amount                     R1,233.00

 Last date to trade                         Wednesday, 30 October 2019

 Suspension date                            Thursday, 31 October 2019

 Record date                                Monday, 04 November 2019

 Payment/Redemption Date                    Tuesday, 05 November 2019

 Termination date                           Wednesday, 06 November 2019



Date: 18 October 2019

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 Securities (Pty) Limited
        Member of the JSE
        Registration Number: 1972/008905/07

Date: 18/10/2019 12:59:00
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