INVS - Investec - Amendment to the terms and condi
JSE
INVS
INVS - Investec - Amendment to the terms and conditions of the Investec
FTSE/JSE Top 40 Index Barrier Put Warrants
INVESTEC BANK LIMITED
AMENDMENT TO THE TERMS AND CONDITIONS OF THE INVESTEC FTSE/JSE TOP 40 INDEX
BARRIER PUT WARRANTS ("REDS")
Investec Bank Limited has amended the terms and conditions applicable to
Automatic Exercise and Reinvestment of the FTSE/JSE Top 40 Index Barrier Put
Warrant ("REDS"). In the event that the warrant has not been knocked out or no
notice has been given, then the warrant position will be automatically rolled
out to the new warrant with similar terms and a far-dated expiry. Warrant
holders must notify Investec Bank Limited five days prior to expiry if they do
not wish for their position to be rolled into the new warrant. Any near-dated
warrants purchased within 5 days to expiry will be rolled into the far-dated
warrant. The roll will occur at the close of business of the near-dated warrant
expiry. As such, closing prices on day of expiration will be used to price the
roll. The FTSE/JSE Top 40 Index Barrier Put Warrant ("REDS") are exercisable
only in accordance with the terms and conditions as set out in the relevant
offering circular.
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 Limited
Member of the JSE
Registration number. 1972/008905/06)
Date: 19/04/2007 13:45:15 Produced by the JSE SENS Department.
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