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ABSA BANK LIMITED - LPLLB1- Notice of final price of expiry of Long Equity Investment Plan Security

Release Date: 12/05/2020 14:50
Code(s): LPLLB1     PDF:  
 
Wrap Text
LPLLB1- Notice of final price 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: ABLPLLB1-11May2020
JSE Short Code: ABLPLLB1
Alpha Code: LPLLB1
Instrument ISIN: ZAE000218517

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

Further to the announcement released on the 3rd of April 2020. Holders of LEIP securities are advised of
the LPLLB1 LEIP expiry price as at the close of trade on 11 May 2020 (“Expiry Date”) did not change from
the indicative expiry price announced i.e. R175.50.Setltement will be on the 18th of May 2020 and will occur
outside of Strate. Please see the amended payment and termination dates below.


 Instrument Long Name                  ABLPLLB1-11May2020
 JSE Short Code                        ABLPLLB1
 Alpha Code                            LPLLB1
 ISIN                                  ZAE000218517
 Underlying Index                      Basket of Indices
 Issue size                            157,717
 Linked Shares                         Anglo-American PLC
 Initial Price                         R135.00
 Indicative Expiry Price               R175.50
 Sector                                Investment Product
 Listing Date                          03 June 2016
 Last date to trade                    Tuesday, 5 May 2020
 Suspension date                       Wednesday, 6 May 2020
 Record date                           Friday, 8 May 2020
 Payment Date                          Monday, 18 May 2020
 Termination date                      Tuesday, 19 May 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
12 May 2020

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

Date: 12-05-2020 02:50:00
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