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INVESTEC BANK LIMITED - ESPIBU Expiry

Release Date: 03/06/2019 10:54
Code(s): ESPIBU     PDF:  
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ESPIBU Expiry

INVESTEC BANK LIMITED

EXPIRY OF EQUITY STRUCTURED PRODUCTS - ESPIBU


 Share/ Reference Index              FTSE100 Index

 Strike Price                        6083.31

 Expiry Date                         31 May 2019

 Cover Ratio                         1:1

 Call/Put                            Put

 Style                               European

 Issue Size                          16,613

 JSE Code                            ESPIBU

 I.S.I.N                             ZAE000209540

Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their option expiry which occurred on 31 May 2019 (see the related securities above).

The Put Strike Price of the Put exceeded the Final Reference Price on the Expiry Date and hence the Put Option expired
in the money. As a result thereof, at maturity, the Holder will sell the Underlying Securities to the Issuer and the
equivalent Put Strike Price of R17,600.00 per ESPIBU will automatically accrue to the Holder via instruction through
STRATE on 06 June 2019.

Holders that have elected and requested the Issuer to utilize the amount by which the put option is in the money, together
with the Underlying Securities, to reinvest into a quantity of new ESPs shall receive one new SPIB31 to be listed on or
before 21 June 2019 for every ESPIBU held. The Holders’ new positions in SPIB31 following the expiry of ESPIBU will
be allocated on 26 June 2019.


Date: 03 June 2019

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

Copies of Warrant 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 kindly contact:
         Investec Financial Products
         Tel.: +27 11 286 9663
         E-mail: FPRetail@investec.co.za

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

Date: 03/06/2019 10:54:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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