| Tue 15 Aug 2023, 9:22 | | Automatic exercise of SXEIAK autocall notes |
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Automatic exercise of SXEIAK autocall notes
INVESTEC BANK LIMITED
Underlying Asset Euro Stoxx 50 Index
Strike Price 4241.36
Expiry Date 13 February 2025
Cover Ratio 1:1
Call/Put/Other Call
Style Bermudan
Issue Size 100 000
JSE Code SXEIAK
ISIN Code ZAE000318929
AUTOMATIC EXERCISE OF SXEIAK AUTOCALL NOTES (AUTOCALLS) ON 14 August 2023
As announced on 28 July 2023, Investec Bank Limited, as Issuers of the above Autocall Notes (“Autocalls”), hereby
notifies Holders of the automatic Exercise on 14 August 2023 (see the related securities above).
On 14 August 2023 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore Autocalls
were Exercised and expired on 14 August 2023. The Holders are entitled to a Cash Settlement Amount determined as
follows:
Condition for Exercise Closing level of the Underlying Asset on 14 August 2023 is greater than
the Strike Price
Date of announcement of whether the Tuesday, August 15, 2023, by 11h00
Condition for Exercise has been met
Cash Settlement Amount R1,070.0000
Last date to trade Tuesday, August 15, 2023
Suspension date Wednesday, August 16, 2023
Record date Friday, August 18, 2023
Payment/Redemption Date Monday, August 21, 2023
Termination date Tuesday, August 22, 2023
Date: 15 August 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: 15-08-2023 09:22:00
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