Tue 7 Nov 2023, 12:15 | | Option expiry - SPIB34 |
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Option expiry - SPIB34
INVESTEC BANK LIMITED
Reference Index Standard and Poor's 500 Index
Strike Price 2868.44
Listing Date: 19 May 2020
Expiry Date 06 November 2023
Cover Ratio 1:01
Call/Put Put
Style European
Issue Size 3505
ISIN ZAE000287207
JSE Code SPIB34
OPTION EXPIRY ON 06 NOVEMBER 2023
Investec Bank Limited ("Investec"), as Issuer of the above Equity Structured Product (ESP), hereby reminds holders of
their option expiry on 06 November 2023 (see the related securities above).
The Put Option Strike Price of the Put exceeded the Final Reference Amount on the Expiry Date and the Put Option was
automatically exercised as the put expired in the money. As a result, the Holders will sell the Holder Underlying Securities
to the Issuer and the equivalent Put Strike Price of R17,309.0460 per SPIB34 will automatically accrue to the Holder via
instruction through STRATE on 10 November 2023.
Last date to trade Monday, November 6, 2023
Date of announcement of Put Option Strike Price Tuesday, November 7, 2023
Suspension date Tuesday, November 7, 2023
Record Date Thursday, November 9, 2023
Payment/Redemption Date Friday, November 10, 2023
Termination Date Monday, November 13, 2023
Settlement Amount R17,309.0460
Date: 07 November 2023
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 Bank Limited
Member of the JSE
Registration Number: 1969/004763/06
Date: 07-11-2023 12:15:00
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