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INVESTEC BANK LIMITED - Expiry Notice ESPIBV

Release Date: 24/03/2015 09:38
Code(s): ESPIBV     PDF:  
Wrap Text
Expiry Notice ESPIBV

INVESTEC BANK LIMITED

EXPIRY OF EQUITY STRUCTURED PRODUCTS (ESP)


Share                              FTSE/JSE Top 40 Index



Strike Price                       1,000,000
Expiry Date                        07/04/2015
Cover Ratio                        1:1

Call/Put                           Put
Style                              European
Issue Size                         4,484
JSE Code                           ESPIBV ZAE000161485


Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their imminent option expiry on 07 April 2015 (see the related securities above).

In the event that the Put Strike Price of the Put exceeds the Final Reference Price on the Expiry Date, the Put Option
will be automatically exercised and the Holders will sell the Holder Underlying Securities to the Issuer, and the Put
Strike Price will automatically accrue to the Holder via instruction through STRATE on 16 April 2015.

In the event that the Final Reference Price exceeds the Put Strike Price on the Expiry Date the Put Option shall expire
out of the money, and Holders will be obliged to pay the Premium to the Issuer. The Issuer will sell so many of the
Holder Underlying Securities required to settle the Premium and the Holder will then be entitled to delivery of the
balance of the Holder Underlying Securities, through STRATE on 16 April 2015.



Holders of ESPIBV will be notified on Friday, 08 April 2015, and to the extent applicable, the number of new ESPs that
will be allocated per each ESPIBV.

24 March 2015

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

Date: 24/03/2015 09:38:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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