Expiry of ESPIBG
INVESTEC BANK LIMITED
EXPIRY OF EQUITY STRUCTURED PRODUCTS
Old Position(ESPIBG) New Position (SPIB17)
Reference Index S&P500® Index S&P500® Index
Strike Price 1875.39 2472.54
Expiry Date 20 July 2017 26 February 2021
Cover Ratio 1:1 1:1
Call/Put Put Put
Style European European
Issue Size 9,734 5731
ISIN Code ZAE000190906 TBC
JSE Code ESPIBG SPIB17
Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their option expiry which occurred on 20 July 2017 (see the related securities above).
The Put Strike Price of the Put exceeded the Final Reference Price on the Expiry Date and hence the Put Option
expired in the money. As a result thereof, the Holder will sell the Underlying Securities to the Issuer and the equivalent
Put Strike Price of R40067.62 per ESPIBG will automatically accrue to the Holder via instruction through STRATE on
26 July 2017.
Holders that have elected and requested the Issuer to utilize the abovementioned settlement amount to reinvest into a
new quantity of new ESPs shall receive one new SPIB17 to be listed on 04 August 2017, for every ESPIBG held. The
Holders’ new positions in SPIB17 following the expiry of ESPIBG, will be allocated on 10 August 2017.
Date: 24 July 2017
Copies of the offering circular may be obtained from:
Investec Bank Limited
100 Grayston Drive
For further information contact:
Tel.: 011 286-4672
Investec Securities (Pty) Ltd
Member of the JSE
Registration number. 1972/008905/07)
Date: 24/07/2017 10:07:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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