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

INVESTEC BANK LIMITED - ESPIBO - Expiry announcement

Release Date: 21/11/2018 10:58
Code(s): ESPIBO     PDF:  
Wrap Text
ESPIBO - Expiry announcement

INVESTEC BANK LIMITED

EXPIRY OF EQUITY STRUCTURED PRODUCTS - ESPIBO


Share/ Reference Index             Euro Stoxx 50 ® Index
Strike Price                       3425.25
Expiry Date                        20 November 2018
Cover Ratio                        1:1
Call/Put                           Put
Style                              European
Issue Size                         11,489
JSE Code                           ESPIBO
I.S.I.N                            ZAE000202065



Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their option expiry on 20 November 2018 (see the related securities above).

The Final Reference Price exceeded the Put Strike Price on the Expiry Date therefore the Put Option expired 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, being R10,000.00 per ESPIBO will
automatically accrue to the Holder via instruction through STRATE on 26 November 2018. Holders who elected to
receive delivery of the remaining underlying securities will receive 200 Sygnia ITRIX EuroStoxx50 ETF (SYGEU) per
ESPIBO on 26 November 2018.


Date: 21 November 2018

Copies of the offering circular may be obtained from:
        Investec Bank Limited
        100 Grayston Drive
        Sandown
        Sandton
        2196

Copies of issue documentation can be located on:
        Internet: www.investecwarrants.com

Place and Date of Incorporation of the Issuer:
        Incorporated in the Republic of South Africa
        Registration Number: 1969/004763/06
        Date of Incorporation: 31 March 1969

For further information contact:
         Investec Financial Products
         Tel.: +27 11 286 9663
         E-mail: FPRetail@investec.co.za
         Internet: www.investec.com

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

Date: 21/11/2018 10:58:00 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.

Share This Story