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INVESTEC BANK LIMITED - EXPIRY - SPXIIE

Release Date: 08/07/2014 09:23
Code(s): SPXIIE     PDF:  
Wrap Text
EXPIRY - SPXIIE

INVESTEC BANK LIMITED


Index                              S&P500®



Strike Price                       1631.89
Expiry Date                        05/07/2018
Cover Ratio                        1:1

Call/Put/Other                     Other
Style                              Bermudan
Issue Size                         30,955

JSE Code                           SPXIIEZAE000180873


EXPIRY OF SPXIIC AUTOCALL INDEX WARRANTS (AUTOCALLS) 7 JULY 2014

Investec Bank Limited, as Issuers of the above Autocall Index Warrants (Autocalls), hereby notifies holders of their
automatic option expiry which occurred on 7 July 2014(see the related securities above).

On 7 July 2014 (the Valuation and Exercise Date), the Index Level was 1977.65, therefore the Autocalls automatically
exercise and expire on the 7 July 2014, and the Holders are entitled to a Cash Settlement Amount determined as
follows:

Reference amount X Coupon X CCF = USD 133.1624 x 107.50 x 10.7555

Reference Amount = USD 133.1624
CCF = 10.7555

The Cash Settlement Amount per Autocall held on 7 July 2014 will automatically accrue to the holder via instruction
through STRATE.

Holders will receive the Cash Settlement Amount of R1539.64 on 14 July 2014 for every warrant held.

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: 08/07/2014 09:23:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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