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INVESTEC BANK LIMITED - IMMINENT EXPIRY- ESPIBE

Release Date: 24/08/2017 13:52
Code(s): ESPIBE     PDF:  
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IMMINENT EXPIRY- ESPIBE

INVESTEC BANK LIMITED

EXPIRY OF EQUITY STRUCTURED PRODUCTS (ESP)


Share/ Reference Index             Investec Wealth & Investment Equity Fund- Registered Collective Investment Scheme



Strike Price                       13918
Expiry Date                        05 September 2017
Cover Ratio                        1:1

Call/Put                           Put
Style                              European
Issue Size                         1477
JSE Code                           ESPIBE ZAE000189841



Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their imminent option expiry on 05 September 2017 (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 and 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 8 September 2017.

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 so many of the
Holder Underlying Securities required to settle the Premium and the Holder will then be entitled to delivery of the
balance of the Holder Underlying Securities, through STRATE on 8 September 2017.


Date: 24 August 2017

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.investec.com

Sponsor
           Investec Securities (Pty) Ltd
           Member of the JSE
           Registration number. 1972/008905/07)

Date: 24/08/2017 01:52:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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