INVESTEC BANK LIMITED - SPIB11 expiry

SPIB11 expiry

INVESTEC BANK LIMITED

EXPIRY OF EQUITY STRUCTURED PRODUCTS – SPIB11

 Share/ Reference Index                The Sasfin Global Equity Basket
 Strike Price                          271.83
 Expiry Date                           17 December 2019
 Cover Ratio                           1:1
 Call/Put                              Put
 Style                                 European
 Issue Size                            4,511
 JSE Code                              SPIB11
 I.S.I.N                               ZAE000221404
 JSE Code                              SPIB11

Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their option expiry on 17 December 2019 (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 thereof the Holders will sell the Holder Underlying
Securities to the Issuer and the equivalent Put Strike Price of R17,978.46 per SPIB11 will automatically accrue to the
Holder via instruction through STRATE on 23 December 2019.

 Last date to trade                                         Tuesday, 17 December 2019
 Date of announcement of Put Option Strike Price            Tuesday, 17 December 2019 by 11h00
 Suspension date                                            Wednesday, 18 August 2019
 Record Date                                                Friday, 20 December 2019
 Payment/Redemption Date                                    Monday, 23 December 2019
 Termination Date                                           Tuesday, 24 December 2019
 Put Option Strike Price                                    R17,978.46
 ZAR/USD exchange rate at Expiry Date                       R14.38

Date: 17 December 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: 17-12-2019 10:50:00
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