INVESTEC BANK LIMITED - IPFIVA- Termination

2018-06-13 15:50:00

IPFIVA 201806130047A
IPFIVA- Termination

INVESTEC BANK LIMITED
JSE SHARE CODE: IPFIVA
JSE ISIN CODE: ZAE000162939

Investec Variable Strike Warrant: Terminated Variable Strike Warrant IPFIVA Announcement.



                       Adjusted Exercise
Share                    Price per Share Expiry Date     Cover Ratio Call/Put        Style          JSE Code

Investec Property                                                                                   IPFIVA
Fund Limited                0.01          24/07/2019              1:1      Call European     ZAE000162939


As a result of the latest “Interest Distribution” of R0.7016 (the Ex Date being 13 June 2018) an
adjustment has been made to the exercise price to ensure the financial position of the warrant holders
is unprejudiced.

Investec Bank Limited, as Issuers of the abovementioned warrant IPFIVA, would like to advise
Holders, that due to the new adjusted exercise price of R0.01, effective 13 June 2018, IPFIVA has
been suspended for trading and will terminate. Holders are entitled to receive the linked units, being
Investec Property Fund Limited JSE share code IPF ISIN ZAE000180915, at the new exercise price
of R0.01 per unit held, together with the balance of the cash payment being the R 0.7016 distribution
less the R0.35099 final pay down of the strike (equaling R0.35061 per unit held). This will
automatically accrue to holders via instruction to STRATE.

13 June 2018


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.: 0860 103 343
E-mail: warrants@investec.co.za
Internet: www.investecwarrants.com
Sponsor
Investec Securities (Pty) Limited
Member of the JSE
Registration number. 1972/008905/07

Date: 13/06/2018 03:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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