Try our mobile app

Option expiry - SPIB29

Published: 2022-06-01 12:25:23 ET
<<<  go to JSE:INP company page
INVESTEC BANK LIMITED


 Reference Index                      Euro Stoxx 50® Index
 Initial Index Level                  3 174.16
 Expiry Date                          31 May 2022
 Cover Ratio                          1:1
 Call/Put/Other                       Put
 Style                                European
 Issue Size                           40,197
 JSE Code                             SPIB29
 ISIN Code                            ZAE000266391


                                            OPTION EXPIRY ON 31 MAY 2022

Investec Bank Limited (“Investec”), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their option expiry on 31 May 2022 (see the related securities above).

The Put Option Strike Price of the Put exceeded the Final Reference Amount on the Expiry Date and the Put Option was
automatically exercised as the put expired in the money. As a result, the Holders will sell the Holder Underlying Securities
to the Issuer and the equivalent Put Strike Price of R18,000.0000 per SPIB29 will automatically accrue to the Holder via
instruction through STRATE on 06 June 2022.

 Last date to trade                                          Tuesday, 31 May 2022
 Date of announcement of Put Option Strike Price             Wednesday, 01 June 2022 by 11h00
 Suspension date                                             Wednesday, 01 June 2022
 Record Date                                                 Friday, 03 June 2022
 Payment/Redemption Date                                     Monday, 06 June 2022
 Termination Date                                            Tuesday, 07 June 2022
 Settlement Amount                                           R18,000.0000


Date: 01 June 2022

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