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Adjustment to strike prices - GRTIVE and RDFIVD

Published: 2023-09-01 17:40:24 ET
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INVESTEC WARRANTS


ADJUSTMENT TO STRIKE PRICES ANNOUNCEMENT ON VARIABLE STRIKE WARRANTS


 Investec Variable Strike Warrants: Adjustment to the Exercise Price as of 1 September 2023




                              Adjusted Exercise
                                                     Expiry      Cover
            Share              Price per Share                            Call/Put     Style    JSE Code
                                                      Date       Ratio
                                   (cents)




            Growthpoint
                                                                                                  GRTIVE
            Properties            1565.8135        15/03/2028     1:1       Call     European
                                                                                                ZAE000179065
            Limited




            Redefine
                                                                                                  RDFIVD
            Properties             527.569         21/05/2024     1:1       Call     European
                                                                                                ZAE000179073
            Limited




As a result of the Recalculation based on the Dividend Distributions an adjustment has been made to the exercise
prices of the above-mentioned Variable Strike warrants. These adjustments are effective from 1 September 2023.
The warrants are exercisable only in accordance with the terms and conditions as set out in the relevant offering
circular.

1 September 2023

 Copies of the offering circular may be obtained from:
         Investec Bank Limited
         100 Grayston Drive
         Sandown
         Sandton
         2196

 For further information contact:
          Investec Warrants
          Tel.: 0860 103 343
          E-mail: warrants@investec.co.za
          Internet: www.investecwarrants.com

 Sponsor
           Investec Bank Limited
           Member of the JSE
           (Registration number: 1969/004763/06)