JSE Sens

Automatic exercise of SCRIIA autocall notes

2024/04/29 10:10:00

Download PDF Stock report

                    Automatic exercise of SCRIIA autocall notes

INVESTEC BANK LIMITED


 Underlying Asset                   SCOR SE (Paris)

 Strike Price                       2,712.72

 Expiry Date                        26 April 2027

 Cover Ratio                        1:1

 Call/Put/Other                     Call

 Style                              Bermudan

 Issue Size                         100 000

 JSE Code                           SCRIIA

 ISIN Code                          ZAE000310538


              AUTOMATIC EXERCISE OF SCRIIA AUTOCALL NOTES (AUTOCALLS) ON 26 April 2024

As announced on 12 April 2024, Investec Bank Limited, as Issuers of the above Autocall Notes ('Autocalls'), hereby
notifies Holders of the automatic Exercise on 26 April 2024 (see the related securities above).

On 26 April 2024 (the Valuation Date and Exercise Date), the conditions for Exercise were met, therefore Autocalls were
Exercised and expired on 26 April 2024. The Holders are entitled to a Cash Settlement Amount determined as follows:

 Condition for Exercise                        Closing level of the Underlying Asset on 26 April 2024, multiplied by the
                                               Share Adjustment Factor, is greater than the Strike Price

 Date of announcement of whether the           Monday, 29 April 2024, by 11h00
 Condition for Exercise has been met

 Cash Settlement Amount                        R1,640.0000

 Last date to trade                            Monday, April 29, 2024

 Suspension date                               Tuesday, April 30, 2024

 Record date                                   Friday, May 3, 2024

 Payment/Redemption Date                       Monday, May 6, 2024

 Termination date                              Tuesday, May 7, 2024



Date: 29 April 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: 29-04-2024 10:10:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.