INVESTEC BANK LIMITED - expiry of NPNIHE and roll into NPNIHF
NPNIHF NPNIHE 201707130013A
expiry of NPNIHE and roll into NPNIHF
INVESTEC BANK LIMITED
ANNOUNCEMENT TO WARRANT HOLDERS OF THEIR NEW POSITIONS OF THE HOT ENHANCED
DIVIDEND SECURITIES WHICH EXPIRED
Share Old Position Old Price Old Strike New Position Price New Conversion Cash
Strike Ratio per
(Old : New) ratio
Naspers Limited NPNIHE R978.00 R1650.00 NPNIHF R 892.24 R1860.00 1:1.09612 0
ZAE000221842 ZAE000246880
Investec Bank Limited, as Issuers of the above Hot Enhanced Dividend Securities (Hot EDS), would like to inform
warrant holders who rolled their Hot EDS into the “New” series of Hot EDS of the positions in which their securities
closed out on Wednesday, 12 July 2017 and to inform warrant holders of their new positions.
This has been done on an optimal-ratio basis, with cash distribution equal to the difference between the intrinsic
value inherent to the “Expired” Hot EDS multiplied by the position held on expiry and “New” Hot EDS multiplied by
the new position held.
13 July 2017
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 (Pty) Ltd
Member of the JSE
Registration number. 1972/008905/07)
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