Standard Bank - Treatment Of The Edgars Consolidat
SBTPV1ECOSTA
SCIB
Standard Bank - Treatment Of The Edgars Consolidated Stores Limited
Corporate Action
The Standard Bank of South Africa Limited
TREATMENT OF THE EDGARS CONSOLIDATED STORES LIMITED CORPORATE ACTION
Terms
ISIN JSE Exercise Conversion Expiry Exercise Style
Code Price Ratio
ZAE000087243 ECOSTA 27.70 1 for 1 27-Nov-07 American Call
Following the Edgars Consolidated Stores Limited ("ECO") delisting
announcement, shareholders of Edgars Consolidated Stores Limited will
receive a cash payment of 4600 cents per share on the 14th of May 2007.
Holders of the Edgars Consolidated Stores Limited Turbo Share Instalment
("ECOSTA") will receive a cash payout of 1830 cents per Turbo Share
Instalment.
The Turbo Share Instalment payout is calculated as follows:
4600 - 2770 = 1830 cents
The payment will occur on 14th May 2007.
The last day to trade in the ECOSTA Turbo Share Instalment will be Friday
4th May 2007. Trading of the Turbo Share Instalment will cease as well
as expire as of close of business Friday 4th May 2007.
For further information contact:
Standard Bank Warrants
Tel 0800 111 780
Email: derivatives@standardbank.co.za
Sponsor: Standard Bank
Date: 03/05/2007 16:32:22 Produced by the JSE SENS Department.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
