To view the PDF file, sign up for a MySharenet subscription.

INVESTEC BANK LIMITED - Initial Issue of Class IBRP2 Redeemable, Cumulative Non-Participating Unsecured Preference Shares

Release Date: 25/10/2018 15:05
Code(s): IBRP2     PDF:  
 
Wrap Text
Initial Issue of Class IBRP2 Redeemable, Cumulative Non-Participating Unsecured Preference Shares

Investec Bank Limited
Incorporated in the Republic of South Africa
Registration number 1969/004763/06
JSE share code: IBRP2
ISIN: ZAE000264081



INVESTEC BANK LIMITED: INITIAL ISSUE OF CLASS IBRP2 REDEEMABLE,
CUMULATIVE   NON-PARTICIPATING   UNSECURED  PREFERENCE   SHARES
(“REDEEMABLE PREFERENCE SHARES”)


Application was made to the JSE Limited (“JSE”) for the listing of 62 500 (Sixty-Two
Thousand Five Hundred) Redeemable Preference Shares (Authorised Class IBRP2
Redeemable Unsecured Preference Shares), as Class IBRP2 Redeemable Preference
Shares, under Investec Bank Limited’s Domestic Medium Term Note and Preference Share
Programme dated 4 September 2013 for an aggregate subscription price of
R2 500 000 000.00.

The 62 500 Class IBRP2 Redeemable Preference Shares will be issued to subscribers on
the date of listing being 30 October 2018 with effect from commencement of trade.

Salient features of the Class IBRP2 Redeemable Preference Shares are listed below:

Issuer                   Investec Bank Limited
Instrument               Redeemable cumulative non-participating unsecured
                         preference shares
Yield                    Index Linked
Redemption date          30 October 2023
Issue price per share    4 000 000 (Four Million Cents)
Redemption price per     As determined in accordance with Additional Condition
share                    3.1 and 3.2 of the Additional Conditions set out in the
                         Applicable Pricing Supplement
JSE Share Code           IBRP2
ISIN                     ZAE000264081



25 October 2018
Johannesburg

Sponsor:
Investec Bank Limited

Date: 25/10/2018 03:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Email this JSE Sens Item to a Friend.

Share This Story