INVESTEC BANK LIMITED
EXPIRY OF EQUITY STRUCTURED PRODUCTS – ESPIB5
Share / Reference Index S&P500® Index
Initial Index Level 1945.50
Expiry Date 22 Aug 2019
Cover Ratio 1:1
Issue Size 3,150
JSE Code ESPIB5
Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their option expiry on 22 August 2019 (see the related securities above).
The Final Reference Price exceeded the Put Option Strike Price on the Expiry Date, the Put Option expired out of the
money and Holders are 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 28 August 2019.
Holders that have elected and requested the Issuer to utilize the Underlying Securities to reinvest into a quantity of new
ESPs shall receive one new SPIB32 to be listed on or before 20 September 2019 for every ESPIB5 held. The Holders’
new positions in SPIB32 following the expiry of ESPIB5 will be allocated by 26 September 2019.
Put Option Strike Price R14,880.63
Final Reference Amount R14,944.02
Last date to trade Tuesday, 20 August 2019
Suspension date Wednesday, 21 August 2019
Record date Friday, 23 August 2019
Payment/Redemption Date Wednesday, 28 August 2019
Termination date Thursday, 29 August 2019
Date: 23 August 2019
Copies of the offering circular may be obtained from:
Investec Bank Limited
100 Grayston Drive
Copies of Warrant issue documentation can be located on:
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
Investec Securities (Pty) Ltd
Member of the JSE
Registration number. 1972/008905/07)
Date: 23/08/2019 01:31:00
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