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JSE AMSIRT
INVS
AMSIRT - Investec Bank Limited - Expiry of barrier put securities
8 February 2012
INVESTEC BANK LIMITED
EXPIRY OF BARRIER PUT SECURITIES 8 FEBRUARY 2012
Share Anglo American Platinum Limited
Strike Price R1056.00
Stop-Loss Level R880.00
Expiry Date 08/02/2012
Cover Ratio 1:1
Call/Put Put
Style European
Issue Size 100,000
JSE Code AMSIRT ZAE000154159
Investec Bank Limited, as Issuers of the above Barrier Put Securities (REVS),
notified holders of their option expiry which occurred on 8 February 2012
(see the related securities above).
Holders who chose to expire the "Existing" REVS will receive the full intrinsic
value thereof. A cash settlement amount representing the number of REVS held on
the expiry date multiplied by the excess of the Exercise Price (strike price)
over simple average of the Volume Weighted Average Price ("VWAP") of the
Underlying Parcel over the two Business Days following the Expiry Date, will
automatically accrue to the holder via instruction through STRATE.
The VWAP on 9 February 2012 = 55021 cents
The VWAP on 10 February 2012 = 53922.2 cents
The simple average of the 2 day VWAP = R544.716
Holders will receive R511.28 for every warrant held
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.: 011 286-4672
E-mail: warrants@investec.co.za
Internet: www.investec.com
Sponsor
Investec Securities Limited
Member of the JSE
Registration number. 1972/008905/06)
Date: 13/02/2012 10:44:01 Produced by the JSE SENS Department.
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