ASAIRP - Investec Bank Limited - Termination Of Th
JSE ASAIRP
INVS
ASAIRP - Investec Bank Limited - Termination Of The Barrier Put Warrant
(REVS) - ("ASAIRP")
Amendment to the Sens Announcement sent 23 April 2007
Share ABSA Group Limited
Strike Price R177.00
Stop-Loss Level R147.50
Expiry Date 15/11/2007
Conv. Ratio 1:1
Call/Put Put
Style European
Issue Size 5 Million
JSE Code ASAIRP
ISIN Code ZAE000087904
Investec Bank Limited, as Issuers of the above ASAIRP, Barrier Put Warrants
(REVS), would like to advise Holders that due to the breach of the stop loss
level of R147.50 in the Underlying Share, at the close of business on Friday
20 April 2007, the abovementioned Barrier Put Warrant (REVS) has been
terminated.
Holders are now entitled to receive the Rebate Payment, represented by the
number of REVS held on the termination date, multiplied by the excess of the
Exercise Price (Strike Price) of R177.00 over the simple average of the
Volume Weighted Average Price ("VWAP") of the Underlying Share over the two
Business Days following the Termination Date. This amount will
automatically accrue to holders via instruction through STRATE.
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.investecwarrants.com
Sponsor
Investec Securities Limited
Member of the JSE
Registration number. 1972/008905/06)
Date: 23/04/2007 17:37:04 Produced by the JSE SENS Department.
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