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INVESTEC BANK LIMITED - CANCELLATION OF S415368 Initial Issue of Class IBRP4 Credit-Linked Redeemable, Cumulative Non-Participating Unsecured Preference Shares

Release Date: 03/06/2019 14:11
Code(s): IBRP4     PDF:  
Wrap Text
CANCELLATION OF S415368 Initial Issue of Class IBRP4 Credit-Linked 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: IBRP4
ISIN: ZAE000273215



INVESTEC BANK LIMITED: INITIAL ISSUE OF CLASS IBRP4 CREDIT-LINKED
REDEEMABLE, CUMULATIVE NON-PARTICIPATING UNSECURED PREFERENCE
SHARES (“REDEEMABLE PREFERENCE SHARES”)


Application was made to the JSE Limited (“JSE”) for the listing of 5 000 (five Thousand)
Redeemable Preference Shares (Authorised Class IBRP4 Credit-Linked Redeemable
Unsecured Preference Shares), as Class IBRP4 Redeemable Preference Shares, under
Investec Bank Limited’s Domestic Medium Term Note and Preference Share Programme
dated 10 December 2018 (“the Programme”) for an aggregate subscription price of
R200 000 000.00

The 5 000 Class IBRP4 Redeemable Preference Shares will be issued to subscribers on the
date of listing being 28 May 2019 with effect from commencement of trade.

Salient features of the Class IBRP4 Redeemable Preference Shares are listed below:

Issuer                    Investec Bank Limited
Instrument                Redeemable cumulative non-participating unsecured
                          preference shares
Yield                     3 month JIBAR Linked
Redemption date           28 May 2024
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            IBRP4
ISIN                      ZAE000273215

The Programme Memorandum for the Programme and all Applicable Pricing Supplements
published in relation to listed Notes and listed Preference Shares (including the Applicable
Pricing Supplement relating to the Class IBRP4 Redeemable Preference Shares) can be
found on the Issuer’s website at https://www.investec.com/en_za/corporate-
investment/institutional-sales-and-structuring/pricingsupplements.html

27 May 2019
Johannesburg

Sponsor:
Investec Bank Limited

Date: 03/06/2019 02:11:59 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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