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INVESTEC BANK LIMITED - Expiry - First Announcement - BILIHC and REMIHM

Release Date: 08/05/2018 09:38
Code(s): REMIHM BILIHC     PDF:  
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Expiry - First Announcement - BILIHC and REMIHM

INVESTEC BANK LIMITED

EXPIRY OF HOT ENHANCED DIVIDEND SECURITIES: 15 May 2018



Share                              BHP Billiton PLC

Strike Price                       R 152.00
Stop-Loss Level                    R 172.00
Expiry Date                        15/05/2018
Cover Ratio                        1:1
Call/Put                           Call
Style                              American
Issue Size                         700 000
JSE Code                           BILIHC
ISIN Code                          ZAE000244869




Share                              Remgro Limited

Strike Price                       R 169.00
Stop-Loss Level                    R 190.00
Expiry Date                        15/05/2018
Cover Ratio                        1:1
Call/Put                           Call
Style                              American
Issue Size                         300 000
JSE Code                           REMIHM
ISIN Code                          ZAE000244877


Investec Bank Limited (“Investec”), as Issuers of the above Hot Enhanced Dividend Securities (HotEDS), hereby
reminds holders of their imminent option expiry on 15 May 2018 (see the related securities above).

Holders may choose to exercise and pay the Exercise Price (Strike Price) in order to receive the underlying securities
on or before 12:00 hours, one Business Day prior to the Expiry Date.

The “Existing” HotEDS will expire at full intrinsic value on the respective expiry date. A cash settlement amount
representing the number of HotEDS held on that date multiplied by the excess of the simple average of the Volume
Weighted Average Price (“VWAP”) of the Underlying Parcel over the two Business Days following the Expiry Date,
over the Exercise Price (Strike Price) will automatically accrue to the holder via instruction through STRATE.


Date: 08 May 2018

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: 08/05/2018 09:38:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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