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Redemption of note due to autocall - ASN401
2022/01/20 07:50:00Download PDF Stock report
Redemption of note due to autocall - ASN401 ABSA BANK LIMITED (Registration number 1986/004794/06) JSE Alpha Code: ASN401 ISIN: ZAE000284527 REDEMPTION OF ASN401 FINANCIAL INSTRUMENT – Late announcement In terms of paragraphs 27(b) of the Applicable Pricing Supplement, the Anniversary Index Level on 09 December 2021 was greater than the Anniversary Autocall Level, triggering an Autocall Event resulting in an automatic Early Redemption and termination. Accordingly, the ASN401 note has been immediately suspended from trading today, Thursday, 20 January 2022. The payment was effected on the 24th of December 2021 as per the terms on conditions of ASN401. The payment on Wednesday, 26 January 2022 will be free of value. ASN401 will redeem and automatically terminate with effect from Thursday, 27 January 2022. JSE Short Code ABMBSN401 JSE Alpha Code ASN401 JSE Long Code ABMBSN401-24DECEMBER2025 ISIN ZAE000284527 Issue Size 26,500 Payment (per unit)* R1,280.00 Last Date to Trade Thursday, 20 January 2022 Record Date Tuesday, 25 January 2022 Payment Date Wednesday, 26 January 2022 Termination Date Thursday, 27 January 2022 Following the full redemption, there will be RNil ASN401 Notes in issue. 20 January 2022 Debt Sponsor Absa Corporate and Investment Bank, a division of Absa Bank Limited Date: 20-01-2022 07:50:00 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.