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INVESTEC BANK LIMITED - ESPIBM Expiry

Release Date: 16/11/2018 16:34
Code(s): ESPIBM     PDF:  
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ESPIBM Expiry

INVESTEC BANK LIMITED

EXPIRY OF EQUITY STRUCTURED PRODUCTS - ESPIBM


Share/ Reference Index             EuroStoxx 50 ® Index
Strike Price                       3541.78
Expiry Date                        23 November 2018
Cover Ratio                        1:1

Call/Put                           Put
Style                              European
Issue Size                         57,563
JSE Code                           ESPIBM
I.S.I.N                            ZAE000202487



Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their imminent option expiry on 23 November 2018 (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, 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 29 November 2018.

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 the Holders
Underlying Securities for the Final Reference Amount and the proceeds, less the Premium, will automatically accrue to
the Holder via instruction through STRATE on 29 November 2018. Holders who wish to receive delivery of the
remaining Underlying Securities will need to inform Investec Bank in writing by close of business on the 23 rd
November.


Date: 16 November 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)

Date: 16/11/2018 04:34:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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