INVESTEC BANK LIMITED - SPIB14 - Expiry

SPIB14 - Expiry

INVESTEC BANK LIMITED


 Reference Index                      S&P 500 ® Index
 Initial Basket Level                 2391.17
 Expiry Date                          06 November 2020
 Cover Ratio                          1:1
 Call/Put/Other                       Put
 Style                                European
 Issue Size                           11 922
 JSE Code                             SPIB14
 ISIN Code                            ZAE000244760


                               EXPIRY OF EQUITY STRUCTURED PRODUCT – SPIB14

Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their option expiry on 06 November 2020 (see the related securities above).

The Final Reference Price exceeded the Put Option Strike Price on the Expiry Date, the Put Option expired out of the
money and Holders are obliged to pay the Premium (R318.30) to the Issuer. The Issuer will sell the Holders Underlying
Securities for the Final Reference Amount (R31,968.64) and the proceeds, less the Premium (R31,650.34), will
automatically accrue to the Holder via instruction through STRATE on 12 November 2020.

 Last date to trade                                      Friday, 06 November 2020
 Date of announcement of Put Option Strike Price         Monday, 09 November 2020 by 10h00
 Suspension date                                         Monday, 09 November 2020
 Record Date                                             Wednesday, 11 November 2020
 Payment/Redemption Date                                 Thursday, 12 November 2020
 Termination Date                                        Friday, 13 November 2020
 Final Index Level                                       3509.44
 Currency Conversion Rate (USD/ZAR)                      15.76
 Put Option Strike Price                                 R31,650.34
 Final Reference Amount                                  R31,968.64
 Premium                                                 R318.30


Date: 09 November 2020

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 Bank Limited
          Member of the JSE
          Registration Number: 1969/004763/06

Date: 09-11-2020 09:37:00
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