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INVESTEC BANK LIMITED - Expiry SPXIID

Release Date: 15/10/2013 15:08
Code(s): SPXIID     PDF:  
Wrap Text
Expiry SPXIID

INVESTEC BANK LIMITED


Index                               S&P500®



Strike Price                        1432.84

Expiry Date                         2015/10/13
Cover Ratio                         1:1

Call/Put/Other                      Other
Style                               Bermudan
Issue Size                          1447

Issue Price                         1,000,000 cents

JSE Code                            SPXIID ZAE000172953


EXPIRY OF SPXIID AUTOCALL INDEX WARRANTS (AUTOCALLS) 11 October 2013

Investec Bank Limited, as Issuers of the above Autocall Index Warrants (Autocalls), hereby notifies holders of their
automatic option expiry which occurred on 11 October 2013(see the related securities above).

On 11 October 2013 (the Valuation and Exercise Date), the Index Level was 1703.20, therefore the Autocalls
automatically exercise and expire on the 11 October 2013, and the Holders are entitled to a Cash Settlement Amount
determined as follows:

Reference amount X 111% = R 11,100.00

Reference Amount = R10, 000.00

The Cash Settlement Amount per Autocall held on 11 October 2013 will automatically accrue to the holder via
instruction through STRATE.

Holders who elect to receive the Cash Settlement Amount will receive R11, 100.00 on 18 October 2013 for every
warrant held.

15 October 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: 15/10/2013 03:08:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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