SCIB - Standard Bank - Adjustments to the terms an
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SCIB - Standard Bank - Adjustments to the terms and conditions of The Standard
Bank Anglo American Plc call and put warrants
The Standard Bank of South Africa Limited
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK ANGLO AMERICAN PLC
CALL AND PUT WARRANTS
Following the Anglo American PLC ("AGL") Mondi unbundling announcement, AGL
share holders will receive 10 Mondi Limited ("MND") and 25 Mondi PLC ("MNP")
shares for every AGL share held. Further to this unbundling AGL shares will
undergo a consolidation where 100 AGL shares will convert into 91 shares.
Following this announcement, notice is hereby given that all AGL warrants will
be traded as Basket Warrants where the price of the warrant will be calculated
based on the combined prices of AGL, MND and MNP.
The following warrants will be affected by this corporate action:
Existing
Terms
ISIN JSE Code Exercise Conversion Expiry Exercise Style
Price Ratio
ZAE000090288 AGLSBH 360 85:1 3-Jul-2007 American Call
ZAE000094256 AGLSBI 410 110:1 3-Oct-2007 American Call
ZAE000090296 AGLSBS 320 80:1 3-Jul-2007 European Put
ZAE000094264 AGLSBT 360 70:1 3-Oct-2007 European Put
The last day to trade to qualify for the unbundling is the 29th June 2007. The
Effective Date of the adjustment shall be 2nd July 2007.
The JSE Limited (JSE) Issuer Services Division has approved the adjustment of
the above-mentioned warrants.
This Notice together with the Common Terms Document and Conditions Annexure
record the terms and conditions of the agreement between the Parties. Any terms
used in this Notice which are defined in the Common Terms Document, Conditions
Annexure and the relevant Supplements shall bear the meaning ascribed to them
therein, unless specifically stated otherwise herein. Other than as set out
herein, the terms and conditions set out in the Common Terms Document,
Conditions Annexure and relevant Supplements remain unchanged and in full force
and effect.
26 June 2007
Date: 26/06/2007 15:22:00 Produced by the JSE SENS Department.
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