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INVESTEC BANK LIMITED - EXPIRY- ESPIBR

Release Date: 13/12/2018 09:36
Code(s): ESPIBR     PDF:  
Wrap Text
EXPIRY- ESPIBR

INVESTEC BANK LIMITED

EXPIRY OF EQUITY STRUCTURED PRODUCTS - ESPIBR


 Share/ Reference Index              Euro Stoxx 50 ® Index
 Strike Price                        3610.28
 Expiry Date                         12 December 2018
 Cover Ratio                         1:1
 Call/Put                            Put
 Style                               European
 Issue Size                          25,000
 JSE Code                            ESPIBR
 I.S.I.N                             ZAE000202859



Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their option expiry on 12 December 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 ESPIBR will automatically
accrue to the Holder via instruction through STRATE on 19 December 2018. Holders who elected to receive delivery of
the remaining underlying securities will receive 200 Sygnia ITRIX EuroStoxx50 ETF (SYGEU) per ESPIBR on 19
December 2018.


Date: 13 December 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: 13/12/2018 09:36:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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