Option expiry - SPIB38
INVESTEC BANK LIMITED
Reference Index Standard and Poor's 500 Value Index
Initial Index Level 1,395.620
Expiry Date 01 October 2024
Cover Ratio 1:01
Call/Put/Other Put
Style European
Issue Size 10 292
JSE Code SPIB38
ISIN Code ZAE000297545
OPTION EXPIRY ON 01 October 2024
Investec Bank Limited ("Investec"), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their imminent option expiry on 01 October 2024 (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 7 October 2024.
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 7 October 2024.
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 Wednesday, 02 October
2024 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, 01 October 2024
Date of announcement of Put Option Strike Price Wednesday, 02 October 2024 by 11h00
Suspension date Wednesday, 02 October 2024
Record Date Friday, 4 October 2024
Payment/Redemption Date Monday, 7 October 2024
Termination Date Tuesday, 8 October 2024
Date: 18 September 2024
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: 18-09-2024 04:50:00
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