REG - Investec Bank PLC - Issuer Call Option Exercise Notice

Phoenix groupAnnouncement

19/02/2021 12:05

RNS Number : 7400P
  
Investec Bank PLC
  
19 February 2021
  
 

Investec Bank plc 
Incorporated in England and Wales
Registration number: 489604                      
ISSUER CALL OPTION EXERCISE NOTICE
GBP20,000,000 IMPALA SECURED PHOENIX GROUP 5.25% FIXED-TO-FIXED NOTES DUE 2025
SERIES NUMBER: 803S

ISIN:  XS1950376803
 (THE "ISSUER")

UNDER ITS £2,000,000,000 IMPALA BONDS PROGRAMME
(THE "NOTES")
In accordance with Condition 13 (Notices) relating to all Notes, NOTICE IS HEREBY GIVEN of the exercise of the Issuer Call Option pursuant to Condition 6(f) (Redemption at the Option of the Issuer).
The Issuer shall redeem all outstanding Notes pursuant to such Issuer Call Option on 5 March 2021 (the "Optional Redemption Date") at the Optional Redemption Amount, being the Fair Market Value together with interest accrued to (but excluding) the Optional Redemption Date.
Following the payment by the Issuer of the Optional Redemption Amount in respect of each Note, the Notes shall be redeemed in full and cancelled, and the Issuer shall have no further obligations to Noteholders in respect of the Notes.
All capitalised terms used and not defined herein shall have the same meaning as in the terms and conditions of the Notes as set out in the base prospectus dated 18 July 2018 relating to the £2,000,000,000 Impala Bonds Programme.
FURTHER INFORMATION
Noteholders may contact the following person for further information:
Neil Raja
E-mail: Neil.Raja@investec.co.uk
Telephone: +44 20 7597 4000
 
Dated: 19 February 2021

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
MSCUKVRRAUUUAAR