INVESTEC BANK LIMITED - IBLVR1 & IBLVR2 - new positions

IBLVR1 & IBLVR2 - new positions

INVESTEC BANK LIMITED – ANNOUNCEMENT TO VARIABLE EXCHANGE TRADED NOTE HOLDERS OF
IBLVR1 AND THEIR NEW POSITIONS OF IBLVR2


                     Old Position      Old Price          New Position      Price                  Conversion
                                                                                                      Ratio
                                                                                                   (Old : New)
                       IBLVR1          R1375.44         IBLVR2            R1001.29                   1:1.37
                    ZAE000195145                        ZAE000277158




Investec Bank Limited, as Issuers of the above Variable Rate Exchange Traded Note (ETN), would like to inform
holders of their new positions.

This has been done on an optimal-ratio basis.

4 September 2019

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

For further information contact:
         Investec Warrants
         Tel.: 0860 103 343
         E-mail: warrants@investec.co.za
         Internet: www.investec.com

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

Date: 04/09/2019 02:14:00
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