| Mon 10 Jul 2023, 13:10 | | Potential automatic exercise of BATIIH autocall notes |
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Potential automatic exercise of BATIIH autocall notes
INVESTEC BANK LIMITED
Underlying Asset British American Tobacco PLC (London)
Strike Price 3,527.60
Expiry Date 19 July 2027
Cover Ratio 1:1
Call/Put/Other Call
Style Bermudan
Issue Size 150 000
JSE Code BATIIH
ISIN Code ZAE000313151
POTENTIAL AUTOMATIC EXERCISE OF BATIIH AUTOCALL NOTES (AUTOCALLS) ON 19 JULY 2023
Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby notifies Holders of the potential
automatic Exercise on 19 July 2023 (see the related securities above). If the conditions for Exercise are fulfilled the
Autocalls will be automatically Exercised on 19 July 2023.
Condition for Exercise Closing level of the Underlying Asset on 19 July 2023, multiplied by the Share
Adjustment Factor, is greater than the Initial Asset Price
Date of announcement of whether Thursday, 20 July 2023, by 11h00
the Condition for Exercise has
been met
Salient information should the Condition for Exercise be met:
Cash Settlement Amount R1,265.0000
Last date to trade Thursday, 20 July 2023
Suspension date Friday, 21 July 2023
Record date Tuesday, 25 July 2023
Payment/Redemption Date Wednesday, 26 July 2023
Termination date Thursday, 27 July 2023
Date: 10 July 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: 10-07-2023 01:10:00
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