AMB301 - Redemption of note due to autocall
ABSA BANK LIMITED
(Registration number 1986/004794/06)
JSE Alpha Code: AMB301
REDEMPTION OF ASN301 FINANCIAL INSTRUMENT
In terms of paragraphs 24(b) of the Applicable Pricing Supplement, the Anniversary Index Level on 01 November 2019
was greater than the Anniversary Autocall Level, triggering an Autocall Event resulting in an automatic Early Redemption
and termination. Accordingly, the AMB301 note will be suspended from trading effective 13 November 2019 and redeem
and automatically terminate with effect from 19 November 2019.
JSE Short Code ABMBSN301
JSE Alpha Code AMB301
JSE Long Code ABMBSN301-15November2024
Issue Size 32,000
Capital Redemption rate (per unit) R1,000
Interest Payment rate (per unit) R16.00
Record Date 15 November 2019
Last Date to Trade 12 November 2019
Suspension Date 13 November 2019
Payment Date 18 November 2019
Termination Date 19 November 2019
Following the full redemption, there will be RNil AMB301 Notes in issue. Settlement will happen outside of Strate.
8 November 2019
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 08/11/2019 04:45:00
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