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INVESTEC BANK LIMITED - Issue of flexible investment notes - FNIB10

Release Date: 20/03/2025 11:45
Code(s): FNIB10     PDF:  
Wrap Text
Issue of flexible investment notes - FNIB10

INVESTEC BANK LIMITED

ISSUE OF FLEXIBLE INVESTMENT NOTES (SERIES 1 DIGITAL PLUS) (NOTES)
Investec Flexible Investment Notes Series FNIB10 SERIES 1 Investec World Equity Market Digital Plus March 2025
Commencement Date: 25 March 2025


 Underlying Asset                    Basket of Indices and ETFs
 
 Strike Price                        Name             Closing Level

                                     1 IShares®       45.22
                                       MSCI
                                       Emerging                     
                                       Markets ETF 
                                     2 The Nikkei     37,751.88
                                       225 Index                     
                                     3 S&P 500®       5,675.29
                                       Index                       
                                     4 FTSE 100®      8,706.66
                                       Index                     
                                     5 iShares Core   55.32        
                                       EURO
                                       STOXX 50          
                                       UCITS ETF          
                                       (SX5EEX GT)                       
                                                
                                                
 Expiry Date                         20 March 2045
 Reset Date No 1                     21 September 2028
 Cover Ratio                         1:1
 Call/Put/Other                      Call
 Style                               Bermudan
 Issue Size                          20,000
 JSE Code                            FNIB10
 ISIN Code                           ZAE000345518

The JSE Limited ("JSE") has approved the listing of the abovementioned Notes and trading will commence on
Tuesday 25 March 2025. All members of the JSE may participate in trading, which will occur according to normal
JSE Rules.

The Flexible Investment Notes comprise inward listed securities classified as foreign for purposes of the South
African Reserve Bank Exchange Control Regulations. Therefore the full nominal or notional exposure in respect of
these Notes must be marked off against the Holder's foreign portfolio allowance and emigrants from the Common
Monetary Area shall not be entitled to utilise "blocked Rand" in order to subscribe for the Notes.

As the Notes have been dematerialised, settlement will be effected electronically through the Strate system of the JSE
and accordingly, certificates evidencing the Notes will not be issued to Holders.

Any captalised terms referred to herein, and not defined, shall bear the meanings ascribed thereto in the Note issue
documentation.


Date: 20 March 2025


Copies of the offering circular may be obtained from:
        Investec Bank Limited
        100 Grayston Drive
        Sandown
        Sandton
        2196

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 Bank Limited
        Member of the JSE
        Registration Number: 1972/008905/07

Date: 20-03-2025 11:45:00
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