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INVESTEC BANK LIMITED - Expiry Announcement

Release Date: 11/07/2013 10:33
Code(s): MPCIHA     PDF:  
Wrap Text
Expiry Announcement

INVESTEC BANK LIMITED - EXPIRY OF HOT ENHANCED DIVIDEND SECURITIES 25 JULY 2013


Share                                 Mr Price Group Limited



Strike Price                          R90.00
Stop-Loss Level                       R101.00
Expiry Date                           25/07/2013
Cover Ratio                           1:1

Call/Put                              Call
Style                                 American
Issue Size                            430,000
JSE Code                              MPCIHA ZAE000169892


Investec Bank Limited (“Investec”), as Issuers of the above Hot Enhanced Dividend Securities (HotEDS), hereby
reminds holders of their imminent option expiry on 25 July 2013 (see the related securities above).

1.             Holders may choose to exercise and pay the Exercise Price (Strike Price) in order to receive the
               underlying securities on or before 12:00 hours, one business day prior to the Expiry Date.

Please be advised that should Investec not receive any instruction from holders with regard to the, the “Existing”
HotEDS will expire at full intrinsic value on the respective expiry date. A cash settlement amount representing the
number of HotEDS held on that date multiplied by the excess of the simple average of the Volume Weighted Average
Price (“VWAP”) of the Underlying Parcel over the two Business Days following the Expiry Date, over the Exercise Price
(Strike Price) will automatically accrue to the holder via instruction through STRATE.

11 July 2013

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) Limited
           Member of the JSE
           Registration number. 1972/008905/07)

Date: 11/07/2013 10:33:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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