| Thu 19 Aug 2021, 10:10 | | Automatic Exercise Of SPXIIK Autocall Notes On 18 August 2021 |
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Automatic Exercise Of SPXIIK Autocall Notes On 18 August 2021
INVESTEC BANK LIMITED
Index Standard & Poor’s 500 Index
Strike Price 3,389.78
Expiry Date 18 August 2025
Cover Ratio 1:1
Call/Put/Other Call
Style Bermudan
Issue Size 37,250
JSE Code SPXIIK
ISIN Code ZAE000290540
AUTOMATIC EXERCISE OF SPXIIK AUTOCALL NOTES (AUTOCALLS) ON 18 AUGUST 2021
Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the automatic
Exercise which occurred on 18 August 2021 (see the related securities above).
On 18 August 2021 (the Valuation and Exercise Date), the conditions for early exercise were met, therefore the Autocalls
were automatically exercised and expired on 18 August 2021. The Holders are entitled to a Cash Settlement Amount
determined as follows:
Condition for Exercise Closing level of the Index on 18 August 2021 is greater than
the Strike Price
Closing level of the Index on 18 4,400.27
August 2021
Date of announcement of whether Thursday, 19 August 2021, by 11h00
Condition for Exercise was met
Cash Settlement Amount ZAR1,120.00
Last date to trade Thursday, 19 August 2021
Suspension date Friday, 20 August 2021
Record date Tuesday, 24 August 2021
Payment/Redemption Date Wednesday, 25 August 2021
Termination date Thursday, 26 August 2021
Date: 19 August 2021
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: 1969/004763/06
Date: 19-08-2021 10:10:00
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