INVESTEC BANK LIMITED - Final Preference share dividend and capital payment announcement - IBRP1

Final Preference share dividend and capital payment announcement - IBRP1

Investec Bank Limited
Incorporated in the Republic of South Africa
Registration number 1969/004763/06
JSE Code: IBRP1
ISIN: ZAE000242525
LEI No: 549300RH5FFHO48FXT69


Investec Bank Limited

Final Preference share dividend and capital payment announcement

Class IBRP1 redeemable non-participating preference shares (Preference Shares)

Notice is hereby given that 341 717 Preference Shares, constituting all the issued preference
shares in this class, will be redeemed on Tuesday, 23 March 2021, pursuant to clause 24 of
the Applicable Pricing Supplement of the Preference Shares.

The redemption will take place at an amount of 100 872.50426 cents per Preference Share
being a return of capital of 100 000 cents per Preference Share plus accrued dividends in
respect of the period from and including 01 January 2021 to and including 22 March 2021,
which amounts to 872.50426 cents per Preference Share.

Salient features of the redemption of the 341 717 Preference Shares are listed below:

Issuer                                             Investec Bank Limited
Instrument                                         Redeemable, cumulative, non-
                                                   participating Preference Shares
Redemption date                                    23 March 2021
Number of shares redeemed                          341 717
Number of shares outstanding                       Nil
post this redemption
JSE Share Code                                     IBRP1
ISIN                                               ZAE000242525

Declaration of final dividend
The final preference dividend has been declared from income reserves for the period
01 January 2021 to 22 March 2021 amounting to a gross preference dividend of 872.50426
cents per share payable to holders of the Class IBRP1 redeemable, cumulative, non-
participating preference shares as recorded in the books of the company at the close of
business on Friday, 19 March 2021.

The relevant dates relating to the payment of the redemption including the final
dividend and capital payment are as follows:

Last day to trade cum-dividend and capital               Tuesday, 16 March 2021
payment
Suspension date                                        Wednesday, 17 March 2021
Record date                                               Friday, 19 March 2021
Payment date                                             Tuesday, 23 March 2021
Termination Date                                       Wednesday, 24 March 2021

Share certificates may not be dematerialised or rematerialised after Tuesday,
16 March 2021.

Additional information to take note of:
•  The Investec Bank Limited company tax reference number: 9675/053/71/5
•  The issued class IBRP1 preference share capital of Investec Bank Limited is 341 717
   preference shares
•  The dividend paid by Investec Bank Limited is subject to South African Dividend Tax
   (Dividend Tax) of 20% (subject to any available exemptions or reductions in terms of
   Double Tax Agreements as legislated) equal to 174.50085 cents per share
•  The net dividend amounts to 698.00341 cents per preference share for shareholders
   liable to pay the Dividend Tax and 872.50426 cents per preference share for preference
   shareholders exempt from paying the Dividend Tax.

By order of the board


N van Wyk
Company Secretary
Investec Bank Limited

02 March 2021

Sponsor:
Investec Bank Limited

Date: 02-03-2021 01:11:00
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