INVESTEC BANK LIMITED - BVTIHD - Rebate Notice

BVTIHD - Rebate Notice

INVESTEC BANK LIMITED

NOTICE OF REBATE


Share                              The Bidvest Group Limited


Strike Price                       R126.00
Stop-Loss Level                    R 143.00
Expiry Date                        2018/09/28
Cover Ratio                        1:1
Call/Put                           Call
Style                              American
Issue Size                         306 000
JSE Code                           BVTIHD
ISIN Code                          ZAE000250205


Investec Bank Limited, as Issuers of the above BVTIHD Hot Enhanced Distribution Security (HotEDS), advised
holders that the abovementioned Hot Enhanced Distribution Security (HotEDS) were due to expire on 28
September 2018.

The Rebate Payment, represented by the number of HotEDS held on the expiry date, multiplied by the excess of
the simple average of the Volume Weighted Average Price (“VWAP”) of the Underlying Share over the two
Business Days following the Expiry Date over the Exercise Price (Strike Price) of R 126.00. This amount will
automatically accrue to holders via instruction through STRATE.

The VWAP on, 1 October 2018 = R 186.3891
The VWAP on, 2 October 2018 = R 183.4270
The simple average of the 2 day VWAP = R 184.9081

Holders will receive R 58.9081 for every warrant held.

3 October 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.investecwarrants.com

Sponsor
           Investec Bank Limited
           Member of the JSE
           Registration number. 1969/004763/06)

Date: 03/10/2018 09:39:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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