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INVESTEC BANK LIMITED - Potential automatic exercise of BIBIIA autocall notes

Release Date: 02/05/2024 11:05
Code(s): BIBIIA     PDF:  
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Potential automatic exercise of BIBIIA autocall notes

INVESTEC BANK LIMITED


Underlying Asset and Initial Asset Prices       British American Tobacco PLC (London): 2674.59
                                                Imperial Brands PLC (London): 1818.67

Expiry Date                                      17 May 2028
Cover Ratio                                      1:1
Call/Put/Other                                   Call
Style                                            Bermudan
Issue Size                                       50 000
JSE Code                                         BIBIIA
ISIN Code                                        ZAE000322384


        POTENTIAL AUTOMATIC EXERCISE OF BIBIIA AUTOCALL NOTES (AUTOCALLS) ON 17 MAY 2024

Investec Bank Limited, as Issuers of the above Autocall Notes ("Autocalls"), hereby notifies Holders of the potential
automatic Exercise on 17 May 2024 (see the related securities above). If the conditions for Exercise are fulfilled the
Autocalls will be automatically Exercised on 17 May 2024.

 Condition for Exercise                     For each Underlying Asset, the closing level of on 17 May 2024 plus the
                                            Absolute Dividend Performance, is greater than the Initial Asset Price.

 Date of announcement of whether            Monday, 20 May 2024, by 11h00
 the Condition for Exercise has
 been met

Salient information should the Condition for Exercise be met:

 Cash Settlement Amount                     R1,406.5000

 Last date to trade                         Monday, 20 May 2024

 Suspension date                            Tuesday, 21 May 2024

 Record date                                Thursday, 23 May 2024

 Payment/Redemption Date                    Friday, 24 May 2024

 Termination date                           Monday, 27 May 2024



Date: 02 May 2024

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: 02-05-2024 11:05:00
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