| Fri 28 Apr 2023, 12:56 | | Automatic Exercise Of IMBIIG Autocall Notes On 27 APRIL 2023 |
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Automatic Exercise Of IMBIIG Autocall Notes On 27 APRIL 2023
INVESTEC BANK LIMITED
Underlying Asset Imperial Brands PLC (London)
Initial Asset Price 1,636.59
Expiry Date 26 April 2027
Cover Ratio 1:1
Call/Put/Other Call
Style Bermudan
Issue Size 90 000
JSE Code IMBIIG
ISIN Code ZAE000310546
AUTOMATIC EXERCISE OF IMBIIG AUTOCALL NOTES (AUTOCALLS) ON 27 APRIL 2023
As announced on 14 April 2023, Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby
notifies Holders of the automatic Exercise on 27 April 2023 (see the related securities above).
On 27 April 2023 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore Autocalls were
Exercised and expired on 27 April 2023. The Holders are entitled to a Cash Settlement Amount determined as follows:
Condition for Exercise Closing level of the Underlying Asset on 27 April 2023, multiplied by the
Share Adjustment Factor, is greater than the Initial Asset Price
Date of announcement of whether the Friday, 28 April 2023, by 11h00
Condition for Exercise has been met
Cash Settlement Amount R1,302.5000
Last date to trade Friday, 28 April 2023
Suspension date Tuesday, 02 May 2023
Record date Thursday, 04 May 2023
Payment/Redemption Date Friday, 05 May 2023
Termination date Monday, 08 May 2023
Date: 28 April 2023
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: 28-04-2023 12:56:00
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