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INVESTEC BANK LIMITED - OPTION EXPIRY ON 26 FEBRUARY 2021 - SPIB17

Release Date: 01/03/2021 09:54
Code(s): SPIB17     PDF:  
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OPTION EXPIRY ON 26 FEBRUARY 2021 - SPIB17

INVESTEC BANK LIMITED


 Reference Index                    S&P500®
 Initial Index Level                2472.54
 Expiry Date                        26 February 2021
 Cover Ratio                        1:1
 Call/Put/Other                     Put
 Style                              European
 Issue Size                         5 297
 JSE Code                           SPIB17
 ISIN Code                          ZAE000247649


                                      OPTION EXPIRY ON 26 FEBRUARY 2021

Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their option expiry on 26 February 2021 (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 (R1,453.25) to the Issuer. The Issuer will sell the Holders Underlying
Securities for the Final Reference Amount (R73,486.44) and the proceeds less the Premium (R72,033.19), will
automatically accrue to the Holder via instruction through STRATE on 04 March 2021.

 Last date to trade                                     Friday, 26 February 2021
 Date of announcement of Put Option Strike Price        Monday, 01 March 2021 by 10h00
 Suspension date                                        Monday, 01 March 2021
 Record Date                                            Wednesday, 03 March 2021
 Payment/Redemption Date                                Thursday, 04 March 2021
 Termination Date                                       Friday, 05 March 2021
 Put Option Strike Price                                R72,033.19
 Final Reference Amount                                 R73,486.44
 Premium                                                R1,453.25
 Settlement Amount                                      R72,033.19


Date: 01 March 2021


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 Warrants
         Tel.: 0860 103 343
         E-mail: warrants@investec.co.za

Sponsor:
        Investec Bank Limited
        Member of the JSE
        Registration Number: 1969/004763/06

Date: 01-03-2021 09:54:00
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