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INVESTEC BANK LIMITED - SPIB15 - Expiry

Release Date: 01/12/2020 09:17
Code(s): SPIB15     PDF:  
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SPIB15 - Expiry

INVESTEC BANK LIMITED


 Reference Index                    Euro Stoxx 50®
 Initial Index Level                3554.59
 Expiry Date                        30 November 2020
 Cover Ratio                        1:1
 Call/Put/Other                     Put
 Style                              European
 Issue Size                         2 026
 JSE Code                           SPIB15
 ISIN Code                          ZAE000246286


                                     OPTION EXPIRY ON 30 NOVEMBER 2020

Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their option expiry on 30 November 2020 (see the related securities above).

The Final Reference Price exceeded the Put Option Strike Price on the Expiry Date, the Put Option expired out of the
money and Holders are obliged to pay the Premium (R538.46) to the Issuer. The Issuer will sell the Holders Underlying
Securities for the Final Reference Amount (R15,836.11) and the proceeds less the Premium (R15,297.65), will
automatically accrue to the Holder via instruction through STRATE on 04 December 2020.

 Last date to trade                                     Monday, 30 November 2020
 Date of announcement of Put Option Strike Price        Tuesday, 01 December 2020 by 10h00
 Suspension date                                        Tuesday, 01 December 2020
 Record Date                                            Thursday, 03 December 2020
 Payment/Redemption Date                                Friday, 04 December 2020
 Termination Date                                       Monday, 07 December 2020
 Put Option Strike Price                                R15,297.65
 Final Reference Amount                                 R15,836.11
 Premium                                                R538.46
 Settlement Amount                                      R15,297.65


Date: 01 December 2020


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 Bank Limited
Member of the JSE
Registration Number: 1969/004763/06

Date: 01-12-2020 09:17:00
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