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INVESTEC BANK LIMITED - Expiry Announcement - ESPIBT

Release Date: 23/12/2014 10:02
Code(s): ESPIBT     PDF:  
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Expiry Announcement - ESPIBT

INVESTEC BANK LIMITED

EXPIRY OF EQUITY STRUCTURED PRODUCTS (ESP)



Index                              FTSE/JSE Top 40 Index



Strike Price                       27,026.92
Expiry Date                        22/12/2014
Cover Ratio                        1:1

Call/Put                           Put
Style                              European
Issue Size                         3,432
JSE Code                           ESPIBT ZAE000157939




Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their option expiry which occurred on 22 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
R16,570.00 per each ESPIBT’s held shall be settled through STRATE on 02 January 2014.



23 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: 23/12/2014 10:02:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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