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INVESTEC BANK LIMITED - Expiry of eqyity structured products (ESP) - ESPIBS

Release Date: 12/12/2014 09:39
Code(s): ESPIBS     PDF:  
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Expiry of eqyity structured products (ESP) - ESPIBS

INVESTEC BANK LIMITED

EXPIRY OF EQUITY STRUCTURED PRODUCTS (ESP)



Index                              FTSE/JSE Top 40 Index



Strike Price                       1,000,000
Expiry Date                        11/12/2014
Cover Ratio                        1:1

Call/Put                           Put
Style                              European
Issue Size                         898
JSE Code                           ESPIBS ZAE000157707




Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their option expiry which occurred on 11 December 2014 (see the related securities above).

The Put Strike Price exceeded the Final Reference Price on the Expiry Date and hence the Put Option expires in the
money. As a result thereof, the Issuer will be obliged to pay a cash Premium to the Holders.

The Holders’ Underlying Securities will be sold at the equivalent Put Strike Price per Share and a cash amount of
R15,000.00 per each ESPIBS’s held shall be settled through STRATE on 19 December 2014.



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

Date: 12/12/2014 09:39:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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