ESPIBQ – expiry announcement
INVESTEC BANK LIMITED
EXPIRY OF EQUITY STRUCTURED PRODUCTS – ESPIBQ
Share/ Reference Index FTSE/JSE Top 40 Index
Strike Price 46,593.00
Expiry Date 13 December 2018
Cover Ratio 1:1
Issue Size 3,000
JSE Code ESPIBQ
Investec Bank Limited (‘Investec’), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their imminent option expiry on 13 December 2018 (see the related securities above).
In the event that the Put Strike Price of the Put exceeds the Final Reference Price on the Expiry Date, the Put Option
will be automatically exercised, the Holders will sell the Holder Underlying Securities to the Issuer and the Put Strike
Price will automatically accrue to the Holder via instruction through STRATE on 20 December 2018.
In the event that the Final Reference Price exceeds the Put Strike Price on the Expiry Date the Put Option shall expire
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, will automatically accrue to the Holder
via instruction through STRATE on 20 December 2018. Holders who wish to receive delivery of the remaining Underlying
Securities will need to inform Investec Bank in writing by close of business on the 11th December 2018.
Date: 07 December 2018
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: 07/12/2018 03:49:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (‘JSE’).
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