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INVESTEC BANK LIMITED - Adjustment Announcement - BVTIHB

Release Date: 26/05/2016 11:49
Code(s): BVTIHB     PDF:  
Wrap Text
Adjustment Announcement - BVTIHB

INVESTEC BANK LIMITED

ADJUSTMENT TO THE UNDERLYING OF HOT ENHANCED DIVIDEND SECURITY

JSE SHARE CODE: BVTIHB
JSE ISIN CODE: ZAE000210548

  Share                              The Bidvest Group Limited (BVT) &
                                     BidCorp Limited (BID)

  Strike Price                       R265.00

  Barrier Price                      R295.00

  Expiry Date                        2016/09/28

  Cover Ratio                        1:1

  Call/Put                           Call

  Style                              American

  Issue Size                         260 000

  JSE Code                           BVTIHB


 Please be advised that an adjustment will be made to the underlying instrument of BVTIHB due to the unbundling of the
 Bidvest Group Limited shares. Holders are referred to the Bidvest Group Limited SENS announcement which was
 released on 16 May 2016 detailing the results of the General Meeting of Bidvest Shareholders and Finalisation Information
 in relation to the Unbundling of the shares. This adjustment will be effective from Monday, 30 May 2016. The warrant is
 exercisable only in accordance with the terms and conditions as set out in the relevant offering circular.

 This adjustment has been made due to the fact that the above mentioned HED product will now have a basket of BVT and
 BID shares as its underlying.

 26 May 2016


  Copies of the offering circular may be obtained from:
          Investec Bank Limited
          100 Grayston Drive
          Sandown
          Sandton
          2196

  Copies of Warrant issue documentation can be located on:
          Internet: www.investecwarrants.com

  Place and Date of Incorporation of the Issuer:
          Incorporated in the Republic of South Africa
          Registration Number: 1969/004763/06
          Date of Incorporation: 31 March 1969


  For further information kindly contact:
           Investec Warrants
           Tel.: 0860 103 343
           E-mail: warrants@investec.co.za

  Sponsor:
          Investec Securities Limited
            Member of the JSE
           Registration Number: 1972/008905/06

Date: 26/05/2016 11:49:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

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