Enhanced Investments - Financial Portal

Terminated Variable Strike Warrant - VKEIVA

Published: 2022-09-01 15:00:30 ET

INVESTEC BANK LIMITED
JSE SHARE CODE: VKEIVA
JSE ISIN CODE: ZAE000182952

Investec Variable Strike Warrant: Terminated Variable Strike Warrant VKEIVA Announcement.



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

Vukile Property                                                                          VKEIVA
Fund Limited           0.01               21/05/2024       1:1        Call      European ZAE000182952


As a result of the “Interest Distributions” of R0.4056 (ex date 22 Dec 2021) and R0.6529 ( ex date 29
June 2022) an adjustment has been made to the exercise price to ensure the financial position of the
warrant holders is unprejudiced.

Investec Bank Limited, as Issuers of the abovementioned warrant VKEIVA, would like to advise
Holders, that due to the new adjusted exercise price of R0.01, effective 1 September 2022, VKEIVA
has now terminated and Holders are entitled to now receive the linked units, being Vukile Property
Fund Limited JSE share code VKE ISIN ZAE000180865, at the new exercise price of R0.01 per unit
held, together with the balance of the cash payment (equalling R0.47 per unit held) being the R
1.05846 distribution less the R0.585246 final pay down of the strike. This will automatically accrue to
holders via instruction to STRATE.

Suspension Date: 1 September 2022

Termination Date: 6 September 2022



1 September 2022


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

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.