To view the PDF file, sign up for a MySharenet subscription.

INVESTEC BANK LIMITED - Imminent Expiry of APNIHB

Release Date: 23/10/2017 14:15
Code(s): APNIHB     PDF:  
Wrap Text
Imminent Expiry of APNIHB

INVESTEC BANK LIMITED

EXPIRY OF HOT ENHANCED DIVIDEND SECURITIES: 03 November 2017



Share                              Aspen Pharmacare Holding Limited

Strike Price                       R 221.00
Stop-Loss Level                    R 250.00
Expiry Date                        03/11/2017
Cover Ratio                        1:1
Call/Put                           Call
Style                              American
Issue Size                         632,000
JSE Code                           APNIHB
ISIN Code                          ZAE000232518


Investec Bank Limited (“Investec”), as Issuers of the above Hot Enhanced Dividend Securities (HotEDS), hereby
reminds holders of their imminent option expiry on 03 November 2017 (see the related securities above).

The “Existing” HotEDS will expire at full intrinsic value on the respective expiry date. A cash settlement amount
representing the number of HotEDS 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.


Date: 23 October 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)

Date: 23/10/2017 02:15:00 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.

Share This Story