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INVESTEC BANK LIMITED - Imminent Expiry of SOLIHN and SBKIHK

Release Date: 04/12/2017 13:45
Code(s): SBKIHK SOLIHN     PDF:  
Wrap Text
Imminent Expiry of SOLIHN and SBKIHK

INVESTEC BANK LIMITED

EXPIRY OF HOT ENHANCED DIVIDEND SECURITIES: 15 December 2017



Share                              Standard Bank Group Limited

Strike Price                       R 116.00
Stop-Loss Level                    R 131.00
Expiry Date                        15/12/2017
Cover Ratio                        1:1
Call/Put                           Call
Style                              American
Issue Size                         1,720,000
JSE Code                           SBKIHK
ISIN Code                          ZAE000236493



Share                              Sasol Limited

Strike Price                       R 296.00
Stop-Loss Level                    R 336.00
Expiry Date                        15/12/2017
Cover Ratio                        1:1
Call/Put                           Call
Style                              American
Issue Size                         750,000
JSE Code                           SOLIHN
ISIN Code                          ZAE000236501



Investec Bank Limited (“Investec”), as Issuers of the above Hot Enhanced Dividend Securities (HotEDS), hereby
reminds holders of their imminent option expiry on 15 December 2017 (see the related securities above).

The “Existing” HotEDS will expire at full intrinsic value on the respective expiry date. A cash settlement amount
representing the number of HotEDS held on that date multiplied by the excess of the simple average of the Volume
Weighted Average Price (“VWAP”) of the Underlying Parcel over the two Business Days following the Expiry Date,
over the Exercise Price (Strike Price) will automatically accrue to the holder via instruction through STRATE.


Date: 04 December 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: 04/12/2017 01:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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