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INVESTEC BANK LIMITED - Expiry Notice - ESPIBZ - 2nd Announcement

Release Date: 27/01/2016 15:59
Code(s): ESPIBZ     PDF:  
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Expiry Notice - ESPIBZ - 2nd Announcement

INVESTEC BANK LIMITED

EXPIRY OF EQUITY STRUCTURED PRODUCTS (ESP)


 Share                              S&P 500 Index



 Strike Price                       1341.45
 Expiry Date                        25/01/2016
 Cover Ratio                        1:1

 Call/Put                           Put
 Style                              Other Bermudan
 Issue Size                         4,172
 JSE Code                           ESPIBZ ZAE000169546


Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
the option expiry on 25 January 2016.


The Final Reference Price exceeded the Put Strike Price on the Expiry Date and hence the Put Option expires out the
money. As a result thereof, the Holders will be obliged to pay a Premium to the Issuers by delivery of the additional
underlying securities to the value of the Premium.

The Holders’ Underlying Securities will be sold at the equivalent Put Strike Price per Share and a cash amount of
R 20,786.79 per each ESPIBZ’s held shall be settled through STRATE on 02 February 2016.




27 January 2016

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: 27/01/2016 03:59:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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