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INVESTEC BANK LIMITED - Correction SENS: automatic exercise of BHPIIA

Release Date: 29/04/2026 07:56
Code(s): BHPIIA     PDF:  
Wrap Text
Correction SENS: automatic exercise of BHPIIA

INVESTEC BANK LIMITED

 Underlying Asset                           BHP Group (London)
 Initial Asset Price                        2,393.067
 Expiry Date                                27 April 2027
 Cover Ratio                                1:1
 Call/Put/Other                             Call
 Style                                      Bermudan
 Issue Size                                 100,000
 JSE Code                                   BHPIIA
 ISIN Code                                  ZAE000310512

CORRECTION SENS: AUTOMATIC EXERCISE OF BHPIIA AUTOCALL NOTES (AUTOCALLS) ON 28 April 2026

A minor technical error has been identified in relation to the SENS announcement published on 28 April 2026 for the above Autocalls  
(the "Announcement"), regarding the Cash Settlement Amount payable to Noteholders in respect of the Autocalls on their exercise on 
28 April 2026.

The Announcement incorrectly states that the Cash Settlement Amount is R2,220.00 when the correct Cash Settlement Amount is
R2,200.00.

The corrected Cash Settlement Amount reflects what was agreed with Noteholders on the Trade Date and the change simply corrects a
minor typographical error.

Other than incorrectly stating the Cash Settlement Amount, the rest of the information in the Announcement is correct. The fully
corrected table of information in respect of the Cash Settlement Amount for the Autocalls is set out as follows:


  Condition for Exercise                                Closing level of the Underlying Asset on 27 April 2026, multiplied by the
                                                        Share Adjustment Factor, is greater than the Initial Asset Price

  Date of announcement of whether the Condition         Tuesday, 28 April 2026, by 11:00 AM
  for Exercise has been met
  
  Cash settlement amount                                R 2,200.00

  Last date to trade                                    Tuesday, 28 April 2026

  Suspension date                                       Wednesday, 29 April 2026

  Record date                                           Monday, 04 May 2026

  Payment/Redemption date                               Tuesday, 05 May 2026

  Termination date                                      Wednesday, 06 May 2026



Date: 29 April 2026


  Copies of Warrant issue documentation can be located on:             Place and Date of Incorporation of the Issuer:
          Internet: www.investecwarrants.com                                   Incorporated in the Republic of South Africa
                                                                               Registration Number: 1969/004763/06
                                                                               Date of Incorporation: 31 March 1969
For further information kindly contact:    Sponsor:
         Investec Financial Products               Investec Bank Limited
         Tel.: +27 11 286 9663                     Member of the JSE
         E-mail: FPRetail@investec.co.za           Registration Number: 1969/004763/06

Date: 29-04-2026 07:56:00
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