INVESTEC BANK LIMITED - Final Expiry Announcement RDHIHF

Final Expiry Announcement RDHIHF


INVESTEC BANK LIMITED – ANNOUNCEMENT TO WARRANT HOLDERS OF THEIR NEW POSITIONS OF THE HOT ENHANCED DIVIDEND SECURITIES WHICH EXPIRED 20 January 2014

Share
Old Position
Old Price
Old Strike
New Position
Price
New Strike
Conversion Ratio
(Old : New)
Cash per ratio
Redefine Properties Limited

RDFIHF
ZAE000174611
R2.04



R7.20

RDFIHG
ZAE000187373
R2.60
R7.05

1:0.784615
0


Investec Bank Limited, as Issuers of the above Hot Enhanced Dividend Securities (Hot EDS), would like to inform warrant holders who rolled their Hot EDS into the “New” series of Hot EDS of the positions in which their securities closed out on Monday, 20 January 2014 and to inform warrant holders of their new positions.

This has been done on an optimal-ratio basis, with cash distribution equal to the difference between the intrinsic value inherent to the “Expired” Hot EDS multiplied by the position held on expiry and “New” Hot EDS multiplied by the new position held.

21 January 2014


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.: 011 286-4672
        E-mail: warrants@investec.co.za
        Internet: www.investec.com

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



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