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ABSA BANK LIMITED - LPECA2- Notice of Expiry of Long Equity Investment Plan Security

Release Date: 03/04/2020 11:50
Code(s): LPECA2     PDF:  
Wrap Text
LPECA2- Notice of Expiry of Long Equity Investment Plan Security

ABSA BANK LIMITED
(Incorporated with limited liability in South Africa under registration number 1986/004794/06)
Bond Issuer Code: BIABS
("“Absa”)
Instrument Long Name: ABLPECA2–20APR2020
JSE Short Code: ABLPECA2
Alpha Code: LPECA2
Instrument ISIN: ZAE000217881

Notice of Expiry of Long Equity Investment Plan Security (LEIP)

Holders of LEIP securities are advised of the LPECA2 LEIP expiry at the close of trade on 20 April 2020
(“Expiry Date”).
Please note that holders of the LEIP securities should ensure that their holdings are registered prior to the
expiry date as only registered holders are entitled to exercise. All holders of the LEIP security as at the
Expiry Date will be paid the Expiry Price as determined at the end of day of Monday, 20 April 2020.
Settlements will not take place via Strate Limited.
A further an announcement with the final price will released on 21 April 2020.


 Instrument Long Name                   ABLPECA2–20APR2020
 JSE Short Code                         ABLPECA2
 Alpha Code                             LPECA2
 ISIN                                   ZAE000217881
 Underlying Index                       EURO STOXX 50 Index
 Issue size                             153,413
 Linked Shares                          Anglo-American PLC
 Initial Price                          R163.50
 Indicative Expiry Price                R254.079
 Sector                                 Investment Product
 Listing Date                           10 May 2016
 Last date to trade                     Tuesday, 14 April 2020
 Suspension date                        Wednesday, 15 April 2020
 Record date                            Friday, 17 April 2020
 Payment Date                           Wednesday, 22 April 2020
 Termination date                       Thursday, 23 April 2020


Copies of the pricing supplement and Offering Circular are available at the office stated below.
Structured Products
Absa Bank Limited
15 Alice Lane
Sandton
2146

For further information contact
Tel: +27 (0) 11 895 5528
Email: aiss@absa.co.za
03 April 2020

Debt sponsor to ABSA Group Limited and Absa Bank Limited:
Absa Bank Limited, acting through its Corporate and Investment Banking division

Date: 03-04-2020 11:50:00
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