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INVESTEC BANK LIMITED - Expiry of SXEIIB

Release Date: 27/11/2017 12:15
Code(s): SXEIIB     PDF:  
Wrap Text
Expiry of SXEIIB

INVESTEC BANK LIMITED- EXPIRY NOTICE


 Reference Index                    Euro Stoxx 50 ® Index



 Strike Price                       3 044.33

 Expiry Date                        22 November 2017

 Cover Ratio                        1:1

 Call/Put                           Call

 Style                              Bermudan

 Issue Size                         130,243

 ISIN Code                          ZAE000237343

 JSE Code                           SXEIIB



EXPIRY OF SXEIIA AUTOCALL INDEX WARRANTS (AUTOCALLS)- 22 NOVEMBER 2017

Investec Bank Limited, as Issuers of the above Autocall Index Warrants (“Autocalls”), hereby notifies Holders of their
automatic option expiry which occurred on 22 November 2017 (see the related securities above).

On 22 November 2017 (the Valuation and Exercise Date), the Index Level was 3 562.65 and therefore the Autocalls
were automatically exercised and expired on the 22 November 2017. The Holders are entitled to a Cash Settlement
Amount determined as follows:

Reference amount x 119.2%
Reference Amount = ZAR 1,000.00

Holders will receive a Cash Settlement Amount of ZAR 1,192.00 for every Autocall held. The Cash Settlement Amount
per Autocall will automatically accrue to the Holder via STRATE on 30 November 2017.

Date: 27 November 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.com

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

Date: 27/11/2017 12:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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