To view the PDF file, sign up for a MySharenet subscription.

INVESTEC BANK LIMITED - Expiry of Equity Structured Products (ESPIBA)

Release Date: 31/10/2016 16:33
Code(s): ESPIBA     PDF:  
Wrap Text
Expiry of Equity Structured Products (ESPIBA)

INVESTEC BANK LIMITED

EXPIRY OF EQUITY STRUCTURED PRODUCTS (ESP)


 Share                              FTSE/JSE Top 40 Index



 Strike Price                       34,068
 Expiry Date                        27/10/2016
 Cover Ratio                        1:1

 Call/Put                           Put
 Style                              European
 Issue Size                         4,251
 JSE Code                           ESPIBA ZAE000178901


Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
the option expiry on 27 October 2016.

On Expiry Date the Strike Price of the Put exceeds the Final Reference Price and hence, the Put Option will be
automatically exercised.

The Holders’ Underlying Securities will be sold at the equivalent Put Strike Price per Share and a cash amount of
R14,756.81 per each ESPIBA’s held shall be settled through STRATE on 02 November 2016.



31 October 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: 31/10/2016 04:33:00 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.

Share This Story