SNHIHA 201711130023A
SNHIHA - Breached Barrier
INVESTEC BANK LIMITED
NOTICE OF BARRIER FOR HOT ENHANCED DIVIDEND SNHIHA
Share Steinhoff International Holdings N.V.
Strike Price R51.00
Stop-Loss Level R58.00
Expiry Date 2017/12/08
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 2 840 000
JSE Code SNHIHA
ISIN Code ZAE000232567
Investec Bank Limited, as Issuers of the SNHIHA Hot Enhanced Dividend Security (HOTEDs), would like to advise
Holders that due to the breach of the stop loss level of R58.00 in the Underlying Share, as of Friday, 10 November
2017 the abovementioned HOTED has been terminated.
Holders are now entitled to receive the Rebate Payment, represented by the number of HOTEDs held on the
termination date, multiplied by the excess of the simple average of the Volume Weighted Average Price (“VWAP”)
of the Underlying Share over the two Business Days following the Termination Date over the Exercise Price (Strike
Price) of R51.00. This amount will automatically accrue to holders via instruction through STRATE.
13 November 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.co.za
Sponsor
Investec Securities (Pty) Ltd
Member of the JSE
Registration number. 1972/008905/07)
Date: 13/11/2017 09:46:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
