INVESTEC BANK LIMITED - Notification of adjustment event FNIB08

Notification of adjustment event – FNIB08

INVESTEC BANK LIMITED
(Incorporated in the republic of South Africa)
(registration number: 1969/004763/06)


NOTIFICATION OF ADJUSTMENT EVENT – FNIB08



 Underlying Asset                      Share                                   Weight (equally   Initial Share
                                                                               weighted)         Price (ZAR
                                                                                                 cents)
                                                The Foschini Group Ltd               1/14             15,509
                                                  Pepkor Holdings Ltd                1/14             2,374
                                                OUTsurance Group Ltd                 1/14             5,845
                                                  Mr Price Group Ltd                 1/14             26,444
                                             Shoprite Holdings Ltd                   1/14             30,492
                                                 The Bidvest Group Ltd               1/14             28,646
                                             Truworths International Ltd             1/14             10,841
                                              Woolworths Holdings Ltd                1/14             6,537
                                                   Clicks Group Ltd                  1/14             39,778
                                                      Sanlam Ltd                     1/14             8,866
                                                    FirstRand Ltd                    1/14             8,622
                                                  Vodacom Group Ltd                  1/14             11,444
                                             Standard Bank Group Ltd                 1/14             24,986
                                                  Nedbank Group Ltd                  1/14             30,277


 Expiry Date                          30 September 2044
 Reset Date                           29 September 2027
 Cover Ratio                          1:1
 Call/Put/Other                       Call
 Style                                Bermudan
 Issue Size                           100,000
 JSE Code                             FNIB08
 ISIN Code                            ZAE000339982


On 17 September 2024, OUTsurance Group Limited declared a special dividend of 40.0 cents per ordinary share,
payable out of income reserves, subject to South African Reserve Bank approval. Furthermore, on 1 October 2024,
shareholders were advised that South African Reserve Bank approval has been obtained and that the salient dates in
respect of the special dividend remain unchanged.

The salient dates in respect of the special dividend is as follows:

- Finalisation date for the special dividend will be Tuesday, 8 October 2024.
- Last day to trade in order to participate in this dividend will be Tuesday, 15 October 2024.
- Shares commence trading ex-dividend on Wednesday, 16 October 2024.
- The record date for the dividend payment will be Friday, 18 October 2024.
- Dividend payment date will be on Monday, 21 October 2024.


Treatment:

Holders of FNIB08 notes are advised that the Initial Share Price for OUTsurance Group Ltd will be adjusted to account
for the abovementioned special dividend. The adjustment will be determined by Investec Bank Ltd in their capacity as
calculating agent and will be confirmed by 10am on Friday, 18 October 2024.
Effective date:

The ZAR adjustment amount shall be applied to each FNIB08 note, effective 21 October 2024. The final terms of the
amendment will be announced no later than 10am on the day prior to the effective date of such amendment.


Date: 9 October 2024


Copies of Warrant issue documentation can be located on:
        Internet: www.investecwarrants.com

For further information kindly contact:
         Investec Financial Products
         Tel.: +27 11 286 9663
         E-mail: FPRetail@investec.co.za

Sponsor:
        Investec Bank Limited

Date: 09-10-2024 05:30:00
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