Option Expiry - SPIB27
INVESTEC BANK LIMITED
Reference Index Euro Stoxx 50® Index
Initial Index Level 3295.95
Expiry Date 13 September 2021
Cover Ratio 1:1
Call/Put/Other Put
Style European
Issue Size 16,791
JSE Code SPIB27
ISIN Code ZAE000262598
OPTION EXPIRY ON 13 SEPTEMBER 2021
Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their imminent option expiry on 13 September 2021 (see the related securities above).
In the event that the Put Strike Price of the Put exceeds the Final Reference Price on the Expiry Date, the Put Option
will be automatically exercised, the Holders will sell the Holder Underlying Securities to the Issuer and the Put Strike
Price will automatically accrue to the Holder via instruction through STRATE on 20 September 2021.
In the event that the Final Reference Price exceeds the Put Strike Price on the Expiry Date the Put Option shall expire
out of the money and Holders will be obliged to pay the Premium to the Issuer. The Issuer will sell the Holder Underlying
Securities for the Final Reference Amount and the proceeds, less the Premium, will automatically accrue to the Holder
via instruction through STRATE on 20 September 2021.
Holders may make the following elections:
A) Cash settlement: the default election at expiry is for holders to receive a cash settlement, holders are not required
to take any action should they wish to make this election
B) Underlying Securities: holders will need to inform Investec in writing by close of business on Monday, 06 September
2021 should they wish to receive delivery of the remaining underlying securities in the event that the put option
expires out of the money
Last date to trade Monday, 13 September 2021
Date of announcement of Put Option Strike Price Tuesday, 14 September 2021 at 11h00
Suspension date Tuesday, 14 September 2021
Record Date Thursday, 16 September 2021
Payment/Redemption Date Monday, 20 September 2021
Termination Date Tuesday, 21 September 2021
Date: 30 August 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 Warrants
Tel.: 0860 103 343
E-mail: warrants@investec.co.za
Sponsor:
Investec Bank Limited
Member of the JSE
Registration Number: 1969/004763/06
Date: 30-08-2021 07:15:00
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