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INVESTEC BANK LIMITED - BREACHED STOP LOSS LEVEL- BILIHB

Release Date: 10/03/2017 11:46
Code(s): BILIHB     PDF:  
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BREACHED STOP LOSS LEVEL- BILIHB

INVESTEC BANK LIMITED
NOTICE OF BARRIER FOR HOT ENHANCED DIVIDEND BILIHB

Share                              BHP Billiton Plc



Strike Price                       R182.00
Stop-Loss Level                    R206.00
Expiry Date                        2017/12/15
Cover Ratio                        1:1

Call/Put                           Call
Style                              American
Issue Size                         990 000
JSE Code                           BILIHB
ISIN Code                          ZAE000236485



Investec Bank Limited, as Issuers of the BILIHB Hot Enhanced Dividend Security (HOTEDs), would like to advise
Holders that due to the breach of the stop loss level of R206.00 in the Underlying Share, as of Thursday 9 March
2017 the abovementioned HOTED has been terminated.

Holders are now entitled to receive the Rebate Payment, represented by the number of HOTEDs held on the
termination date, multiplied by the excess of the simple average of the Volume Weighted Average Price (“VWAP”)
of the Underlying Share over the two Business Days following the Termination Date over the Exercise Price (Strike
Price) of R182.00. This amount will automatically accrue to holders via instruction through STRATE.

10 March 2017

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.co.za

Sponsor
           Investec Securities (Pty) Ltd
           Member of the JSE
           Registration number. 1972/008905/07)

Date: 10/03/2017 11:46:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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