INVESTEC BANK LIMITED - SPIB12 - Expiry announcement

SPIB12 - Expiry announcement

INVESTEC BANK LIMITED

EXPIRY OF EQUITY STRUCTURED PRODUCTS – SPIB12


 Reference Index                     World Axis Core Fund

 Strike Price                        USD160.374

 Expiry Date                         12 July 2019

 Cover Ratio                         1:1

 Call/Put                            Put

 Style                               European

 Issue Size                          5,000

 ISIN Code                           ZAE000223970

 JSE Code                            SPIB12

Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their option expiry which occurred on 12 July 2019 (see the related securities above).

The Put Strike Price of the Put exceeded the Final Reference Price on the Expiry Date and hence the Put Option expired
in the money. As a result thereof, at maturity, the Holder will sell the Underlying Securities to the Issuer and the
equivalent Put Strike Price of R2,154.21 per SPIB12 will automatically accrue to the Holder via instruction through
STRATE on 18 July 2019.

Holders that have elected and requested the Issuer to utilize the Underlying Securities to reinvest into a quantity of new
ESPs shall receive one new SPIB28 to be listed on or before 05 August 2019 for every SPIB12 held. The Holders’ new
positions in SPIB28 following the expiry of SPIB12 will be allocated by 08 August 2019.


Date: 15 July 2019

Copies of the offering circular may be obtained from:
        Investec Bank Limited
        100 Grayston Drive
        Sandown
        Sandton
        2196

Copies of Warrant issue documentation can be located on:
        Internet: www.investecwarrants.com

Place and Date of Incorporation of the Issuer:
        Incorporated in the Republic of South Africa
        Registration Number: 1969/004763/06
        Date of Incorporation: 31 March 1969

For further information kindly contact:
         Investec Financial Products
         Tel.: +27 11 286 9663
         E-mail: FPRetail@investec.co.za

Sponsor
          Investec Securities (Pty) Ltd
          Member of the JSE
          Registration number. 1972/008905/07)

Date: 15/07/2019 12:04:00
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