| Wed 11 Jul 2012, 10:33 | | IB RDF 417CDH1:1JUL12 - Expiry warrant |
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RDFIDH
Expiry warrant
INVESTEC BANK LIMITED - EXPIRY OF ENHANCED DIVIDEND SECURITIES 25 JULY 2012
Share Growthpoint Properties Limited Imperial Holdings Limited
Strike Price R10.00 R65.00
Stop-Loss Level R13.75 R88.50
Expiry Date 25/07/2012 25/07/2012
Cover Ratio 1:1 1:1
Call/Put Call Call
Style American American
Issue Size 1,000,000 300,000
JSE Code GRTIDG ZAE000158382 IPLIDG ZAE000158390
Share Redefine Income Fund Limited Remgro Limited
Strike Price R4.17 R61.00
Stop-Loss Level R5.90 R84.00
Expiry Date 25/07/2012 25/07/2012
Cover Ratio 1:1 1:1
Call/Put Call Call
Style American American
Issue Size 1,300,000 300,000
JSE Code RDFIDH ZAE000158408 REMIDI ZAE000158416
Investec Bank Limited (Investec), as Issuers of the above Enhanced Dividend Securities (EDS), hereby reminds
holders of their imminent option expiry on 25 July 2012 (see the related securities above).
1. Holders may choose to exercise and pay the Exercise Price (Strike Price) in order to receive the
underlying securities on or before 12:00 hours, one business day prior to the Expiry Date.
2. Should holders choose to expire the Existing EDS they should notify the Investec Equity Derivatives Desk
before 12:00 hours, Thursday, 19 July 2012. The Existing EDS will expire at full intrinsic value on the
respective expiry date. A cash settlement amount representing the number of EDS held on that date
multiplied by the excess of the simple average of the Volume Weighted Average Price (VWAP) of the
Underlying Parcel over the two Business Days following the Expiry Date, over the Exercise Price (Strike
Price) will automatically accrue to the holder via instruction through STRATE.
Please be advised that should Investec not receive any instruction from holders with regard to the Expiry, the Existing
EDS will expire at full intrinsic value on the respective expiry date. A cash settlement amount representing the number
of EDS held on that date multiplied by the excess of the simple average of the Volume Weighted Average Price
(VWAP) of the Underlying Parcel over the two Business Days following the Expiry Date, over the Exercise Price
(Strike Price) will automatically accrue to the holder via instruction through STRATE .
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: 11/07/2012 10:33:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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