INVESTEC BANK LIMITED - Terminated Variable Strike Warrant IPFIVB

Terminated Variable Strike Warrant IPFIVB

INVESTEC BANK LIMITED
JSE SHARE CODE: IPFIVB
JSE ISIN CODE: ZAE000166427

Investec Variable Strike Warrant: Terminated Variable Strike Warrant IPFIVB Announcement.



                       Adjusted Exercise
Share                    Price per Share Expiry Date     Cover Ratio Call/Put        Style          JSE Code

Investec Property                                                                                   IPFIVB
Fund Limited                0.01          01/04/2022              1:1      Call European     ZAE000166427


As a result of the latest “Interest Distribution” of R0.4770453 (ex date 9 June 2021) an adjustment has
been made to the exercise price to ensure the financial position of the warrant holders is
unprejudiced.

Investec Bank Limited, as Issuers of the abovementioned warrant IPFIVB, would like to advise
Holders, that due to the new adjusted exercise price of R0.01, effective 1 September 2021, IPFIVB
has now terminated and Holders are entitled to now receive the linked units, being Investec Property
Fund Limited JSE share code IPF ISIN ZAE000180915, at the new exercise price of R0.01 per unit
held, together with the balance of the cash payment being the R 0.4770453 distribution less the
R0.1325 final pay down of the strike (equalling R0.3445 per unit held). This will automatically accrue
to holders via instruction to STRATE.

Suspension Date: 2 September 2021

Termination Date: 7 September 2021



2 September 2021


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.investecwarrants.com

Sponsor
Investec Bank Limited
Member of the JSE
Registration number. 1969/004763/06

Date: 02-09-2021 04:17:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.