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INVESTEC BANK LIMITED - Possible option expiry - SPIB36

Release Date: 14/10/2025 15:05
Code(s): SPIB36     PDF:  
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Possible option expiry - SPIB36

INVESTEC BANK LIMITED


 Reference Index                     Standard and Poor's 500 Index
 Strike Price                        3318.25
 Listing Date:                       11 November 2020
 Expiry Date                         28 October 2025
 Cover Ratio                         1:1
 Call/Put                            Put
 Style                               European
 Issue Size                          230,968
 JSE Code                            SPIB36
 ISIN                                ZAE000292934


                                  POSSIBLE OPTION EXPIRY ON 28 October 2025

Investec Bank Limited ("Investec"), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their possible option expiry on 28 October 2025 (see the related securities above).

In the event that the Put Strike Price of the Put exceeds the Final Reference Price on the Expiry Date, the Put Option
will be automatically exercised, the Holders will sell the Holder Underlying Securities to the Issuer and the Put Strike
Price will automatically accrue to the Holder via instruction through STRATE on 03 November 2025.

In the event that the Final Reference Price exceeds the Put Strike Price on the Expiry Date, the Put Option shall expire
out of the money and Holders will be obliged to pay the Premium to the Issuer. The Issuer will sell the Holder Underlying
Securities for the Final Reference Amount and the proceeds, less the Premium, will automatically accrue to the Holder
via instruction through STRATE on 03 November 2025.

Holders may make the following elections:
A) Cash settlement: the default election at expiry is for holders to receive a cash settlement, holders are not required
    to take any action should they wish to make this election
B) Underlying Securities: holders will need to inform Investec in writing by close of business on Tuesday, 28 October
    2025 should they wish to receive delivery of the remaining underlying securities in the event that the put option
    expires out of the money

 Last date to trade                                      Tuesday, 28 October 2025
 Date of announcement of Put Option Strike Price         Wednesday, 29 October 2025 by 11h00
 Suspension date                                         Wednesday, 29 October 2025
 Record Date                                             Friday, 31 October 2025
 Payment/Redemption Date                                 Monday, 03 November 2025
 Termination Date                                        Tuesday, 04 November 2025

Date: 14 October 2025

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: 14-10-2025 03:05:00
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