That's exactly the same place mine gave way. It is the weakest link in the bracelet. The previous owner of my Sub must have tried to repair it but to no avail. When I first picked it up it was broken, so I made a better thicker link and that was fine. However I asked the dealer to use a Rolex approved link and was told no way. Either buy a new clasp or a new bracelet.
I bought a new bracelet.
So other owners should make note and keep a close eye on this link.
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