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INVESTEC BANK LIMITED - OPTION EXPIRY - SPIB20

Release Date: 29/03/2021 12:50
Code(s): SPIB20     PDF:  
Wrap Text
OPTION EXPIRY - SPIB20

INVESTEC BANK LIMITED


 Reference Index                      Euro Stoxx 50® Index
 Initial Index Level                  3 555.17
 Expiry Date                          26 March 2021
 Cover Ratio                          1:1
 Call/Put/Other                       Put
 Style                                European
 Issue Size                           17 675
 JSE Code                             SPIB20
 ISIN Code                            ZAE000250544


                                            OPTION EXPIRY ON 26 MARCH 2021

Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their option expiry on 26 March 2021 (see the related securities above).

The Put Option Strike Price of the Put exceeded the Final Reference Amount on the Expiry Date and the Put Option was
automatically exercised as the put expired in the money. As a result, the Holders will sell the Holder Underlying Securities
to the Issuer and the equivalent Put Strike Price of R21,890.29 per SPIB20 will automatically accrue to the Holder via
instruction through STRATE on 01 April 2021.


 Last date to trade                                          Friday, 26 March 2021
 Date of announcement of Put Option Strike Price             Monday, 29 March 2021 by 10h00
 Suspension date                                             Monday, 29 March 2021
 Record Date                                                 Wednesday, 31 March 2021
 Payment/Redemption Date                                     Thursday, 01 April 2021
 Termination Date                                            Tuesday, 06 April 2021
 Settlement Amount                                           R21,890.29



Date: 29 March 2021

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 Financial Products
         Tel.: +27 11 286 9663
         E-mail: FPRetail@investec.co.za

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

Date: 29-03-2021 12:50:00
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