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INVESTEC BANK LIMITED - OPTION EXPIRY - SPIB18

Release Date: 09/02/2021 07:19
Code(s): SPIB18     PDF:  
Wrap Text
OPTION EXPIRY - SPIB18

INVESTEC BANK LIMITED


 Reference Index                      Euro Stoxx 50®
 Initial Index Level                  3515.63
 Expiry Date                          08 February 2021
 Cover Ratio                          1:1
 Call/Put/Other                       Put
 Style                                European
 Issue Size                           5 471
 JSE Code                             SPIB18
 ISIN Code                            ZAE000248480


OPTION EXPIRY ON 08 FEBRUARY 2021

Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their option expiry on 08 February 2021 (see the related securities above).

The Put Option Strike Price of the Put exceeded the Final Reference Amount on the Expiry Date and the Put Option was
automatically exercised as the put expired in the money. As a result, the Holders will sell the Holder Underlying Securities
to the Issuer and the equivalent Put Strike Price of R15,621.86 per SPIB18 will automatically accrue to the Holder via
instruction through STRATE on 12 February 2021.


 Last date to trade                                       Monday, 08 February 2021
 Date of announcement of Put Option Strike Price          Tuesday, 09 February 2021 by 10h00
 Suspension date                                          Tuesday, 09 February 2021
 Record Date                                              Thursday, 11 February 2021
 Payment/Redemption Date                                  Friday, 12 February 2021
 Termination Date                                         Monday, 15 February 2021
 Settlement Amount                                        R15,621.86



Date: 09 February 2021

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: 09-02-2021 07:19:00
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