INVESTEC BANK LIMITED - SPIB14 - Partial unwind

SPIB14 - Partial unwind

INVESTEC BANK LIMITED

DECREASE IN ISSUE SIZE OF EQUITY STRUCTUED PRODUCTS (SPIB14)



 Reference Index                    S&P 500 ®



 Strike Price                       2391.17

 Expiry Date                        06 November 2020

 Cover Ratio                        1:1

 Call/Put                           Put

 Style                              European

 Initial Size Issue                 17,377

 Adjusted Issue Size                12,257

 JSE Code                           SPIB14

 ISIN Code                          ZAE000244760

Holders of SPIB14 are advised that an adjustment has been made to decrease the issue size to 12,257. This adjustment
is effective from Monday, 23 March 2020. The warrant is exercisable only in accordance with the terms and conditions
as set out in the relevant offering circular.


Date: 20 March 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 Securities (Pty) Limited
            Member of the JSE
            Registration Number: 1972/008905/07

Date: 20-03-2020 11:33:00
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