To view the PDF file, sign up for a MySharenet subscription.

INVESTEC BANK LIMITED - SXEIID - Expiry announcement

Release Date: 28/11/2019 09:51
Code(s): SXEIID     PDF:  
Wrap Text
SXEIID - Expiry announcement

INVESTEC BANK LIMITED


 Index                                Euro Stoxx 50 ® Index

 Initial Index Level                  3 583.49

 Expiry Date                          28 November 2022

 Exercise Date                        28 November 2019

 Cover Ratio                          1:1

 Call/Put                             Call

 Style                                Bermudan

 Issue Size                           361,707

 ISIN Code                            ZAE000252912

 JSE Code                             SXEIID


         AUTOMATIC EXERCISE OF SXEIID AUTOCALL NOTES (AUTOCALLS) ON 28 NOVEMBER 2019

Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential
automatic Exercise on 28 November 2019 (see the related securities above). The conditions for Exercise will be fulfilled
and the Autocalls will be automatically Exercised on 28 November 2019.

 Condition for Exercise                     Closing level of the Index on 28 November 2019 is greater
                                            than the Initial Index Level

 Date of announcement of whether            Thursday, 28 November 2019, by 11h00
 Condition for Exercise will be met

 Cash Settlement Amount                     R1,403.00

 Last date to trade                         Thursday, 28 November 2019

 Suspension date                            Friday, 29 November 2019

 Record date                                Tuesday, 03 December 2019

 Payment/Redemption Date                    Wednesday, 04 December 2019

 Termination date                           Thursday, 05 December 2019



Date: 28 November 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: 28-11-2019 09:51:00
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.

Share This Story