INVESTEC BANK LIMITED - Expiry- TBSIHC

Expiry- TBSIHC

INVESTEC BANK LIMITED

EXPIRY OF HOT ENHANCED DIVIDEND SECURITIES 24 APRIL 2018



Share                              TIGER BRANDS LIMITED

Strike Price                       R 290.00
Stop-Loss Level                    R 328.00
Expiry Date                        2018/04/20
Cover Ratio                        1:1
Call/Put                           Call
Style                              American
Issue Size                         250 000
JSE Code                           TBSIHC
ISIN Code                          ZAE000244026


Investec Bank Limited (“Investec”), as Issuers of the above Hot Enhanced Dividend Securities (HotEDS), hereby
reminds holders of their expiry on 20 April 2018 (see the related securities above).

The abovementioned HotEDS expired 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 HotEDS over two Business Days
following the Expiry Date, over the Exercise Price (Strike Price) will automatically accrue to the holder via
instruction through Strate.

24 April 2018

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)

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