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INVESTEC BANK LIMITED - Automatic exercise of SDEIIB

Release Date: 18/03/2025 08:50
Code(s): SDEIIB     PDF:  
Wrap Text
Automatic exercise of SDEIIB

INVESTEC BANK LIMITED



 Underlying Asset                          Euro Stoxx Select Dividend 30 Index

 Initial Asset Price                       1,737.23

 Expiry Date                               15 March 2027

 Cover Ratio                               1:1

 Call/Put/Other                            Call

 Style                                     Bermudan

 Issue Size                                200,000

 JSE Code                                  SDEIIB

 ISIN Code                                 ZAE000309332



AUTOMATIC EXERCISE OF SDEIIB AUTOCALL NOTES (AUTOCALLS) ON 17 March 2025

As announced on 03 March 2025, Investec Bank Limited, as Issuers of the above Autocall Notes ("Autocalls"), hereby notifies Holders
of the automatic Exercise on 17 March 2025 (see the related securities above).

On 17 March 2025 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore the Autocalls were
Exercised and expired on 17 March 2025. The Holders are entitled to a Cash Settlement Amount determined as follows:


  Condition for Exercise                               Closing level of the Index on 17 March 2025 is greater than the Initial Index
                                                       Level

  Date of announcement of whether the Condition        Tuesday, 18 March 2025, by 11:00 AM
  for Exercise has been met
  Cash settlement amount                               R 1630.000

  Last date to trade                                   Tuesday, 18 March 2025

  Suspension date                                      Wednesday, 19 March 2025

  Record date                                          Monday, 24 March 2025

  Payment/Redemption date                              Tuesday, 25 March 2025

  Termination date                                     Wednesday, 26 March 2025



Date: 18 March 2025


  Copies of Warrant issue documentation can be located on:            Place and Date of Incorporation of the Issuer:
          Internet: www.investecwarrants.com                                  Incorporated in the Republic of South Africa
                                                                              Registration Number: 1969/004763/06
                                                                              Date of Incorporation: 31 March 1969



  For further information kindly contact:                             Sponsor:
           Investec Financial Products                                        Investec Bank Limited
           Tel.: +27 11 286 9663                                              Member of the JSE
           E-mail: FPRetail@investec.co.za                                    Registration Number: 1969/004763/06

Date: 18-03-2025 08:50:00
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