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INVESTEC BANK LIMITED - Increase in Issue Size - IBLIIF

Release Date: 24/02/2021 17:00
Code(s): IBLIIF     PDF:  
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Increase in Issue Size - IBLIIF

INVESTEC BANK LIMITED

AMENDMENT AND RESTATEMENT OF ISSUE SIZE OF STRUCTURED PRUDUCT NOTES (NOTES) – IBLIIF
Investec Structured Product Notes Commencement Date: 24 August 2020

 Index                               Basket of Shares
 Shares                              Naspers Limited (JSE: NPN)
                                     Tencent Holdings Limited (Hong Kong:
                                     700HK)

 Strike Price                        ZAR1,000

 Expiry Date                         24 August 2021

 Cover Ratio                         1:1

 Call/Put/Other                      Call

 Style                               European

 Prior Issue Size                    1,000,000

 Increased Issue Size                3,000,000

 JSE Code                            IBLIIF

 ISIN Code                           ZAE000289922

The JSE Limited (“JSE”) approved the listing of the abovementioned Notes and trading commenced on Monday, 24
August 2020. All members of the JSE may participate in trading, which will occur according to normal JSE Rules.

With reference to approval received from the South African Reserve Bank, restating and confirming that the Notes
have now been reclassified as domestic securities, and the exposure in respect of these Notes does not need to be
marked off against the Holder’s foreign portfolio allowance anymore and emigrants from the Common Monetary Area
shall be entitled to utilise “blocked Rand” in order to subscribe for the Notes.

As the Notes have been dematerialised, settlement will be effected electronically through the Strate system of the JSE
and accordingly, certificates evidencing the Notes will not be issued to Holders.

Any captalised terms referred to herein, and not defined, shall bear the meanings ascribed thereto in the Note issue
documentation.

Date: 24 February 2021


Copies of the offering circular may be obtained from:
        Investec Bank Limited
        100 Grayston Drive
        Sandown
        Sandton
        2196

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: 24-02-2021 05:00:00
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