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INVESTEC BANK LIMITED - SXEIIJ - Expiry announcement

09 October 2019 - 15:26 PM
SXEIIJ
SXEIIJ - Expiry announcement

INVESTEC BANK LIMITED


 Reference Index                    EUROSTOXX50  Index

 Strike Price                       3 305.30

 Expiry Date                        09 October 2023

 Exercise Date                      09 October 2019

 Cover Ratio                        1:1

 Call/Put                           Call

 Style                              Bermudan

 Issue Size                         107,500

 ISIN Code                          ZAE000263869

 JSE Code                           SXEIIJ


EXPIRY OF SXEIIJ AUTOCALL NOTES (AUTOCALLS)  09 OCTOBER 2019

Investec Bank Limited, as Issuers of the above Autocall Notes (Autocalls), hereby notifies Holders of the automatic
option expiry on 09 October 2019 (see the related securities above).

On 09 October 2019 (the Valuation and Exercise Date), the conditions for early redemption will be met, therefore the
Autocalls will be automatically exercised and expire on the 09 October 2019. The Holders are entitled to a Cash
Settlement Amount determined as follows:

Reference amount x 122.75%
Reference Amount = ZAR 1,000.00

Holders will receive a Cash Settlement Amount of ZAR 1,227.50 for every Autocall held. The Cash Settlement Amount
per Autocall will automatically accrue to the Holder via STRATE on 15 October 2019.

Initial Index Level                 3,305.30
Expiry Price                        R1,227.50
Last date to trade                  Tuesday, 01 October 2019
Suspension date                     Wednesday, 02 October 2019
Record date                         Thursday, 10 October 2019
Payment/Redemption Date             Tuesday, 15 October 2019
Termination date                    Wednesday, 16 October 2019

Date: 09 October 2019

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 Financial Products
         Tel.: +27 11 286 9663
         E-mail: FPRetail@investec.co.za

Sponsor:
        Investec Securities (Pty) Limited
        Member of the JSE
        Registration Number: 1972/008905/07

Date: 09/10/2019 03:26:00
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