Distribution payment of variable strike warrant - HYPIVC
INVESTEC BANK LIMITED
JSE SHARE CODE: HYPIVC
JSE ISIN CODE: ZAE000138202
Investec Variable Strike Warrant: Distribution Payment of Terminated Variable Strike Warrant HYPIVC
Share Adjusted Expiry Date Cover Call/Put Style JSE Code
Exercise Ratio
Price per
Share
Hyprop Investments R0.00 24/07/2019 1:1 Call European HYPIVC
Limited ZAE000138202
As a result of the “Interest Distribution” an adjustment was made to the exercise price to ensure the financial position of the
warrant holders is unprejudiced.
Investec Bank Limited, as Issuers of the abovementioned warrant HYPIVC, would like to advise Holders, that due to the new
adjusted exercise price of R0.00, effective 4 April 2016, HYPIVC has terminated and holders are now entitled to receive the
linked units at the new exercise price of R0.01, together with the balance of the cash payment being the R5.78 distribution less
the R 4.3484 final pay down of the strike (equaling R1.43). This will automatically accrue to holders via instruction to STRATE.
20 May 2019
Copies of the offering circular may be obtained from:
Investec Bank Limited
100 Grayston Drive
Sandown
Sandton
2196
For further information contact:
Investec Warrants
Tel.: 0860 103 343
E-mail: warrants@investec.co.za
Internet: www.investecwarrants.com
Sponsor
Investec Securities Limited
Member of the JSE
Registration number. 1972/008905/06)
)
Date: 20/05/2016 11:06:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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