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Adjustment to the Exercise Price

Published: 2022-09-05 11:05:30 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 2022



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




            Growthpoint
                              1558.14 (previously                                                  GRTIVE
            Properties                               15/03/2028     1:1      Call     European
                                   1585.79)                                                      ZAE000179065
            Limited




            Redefine
                              519.02 (previously                                                   RDFIVD
            Properties                               21/05/2024     1:1      Call     European
                                  569.292)                                                       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 2022.
The warrants are exercisable only in accordance with the terms and conditions as set out in the relevant offering
circular.

5 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)