Not logged in
  Home   Markets   Shares   Funds   Portfolio   Toolbox   Charting   Alerts   Directory   
 Admin   

Wed 4 Jul 2007, 8:41 TKGABJ - TKGABK - ABSA Bank Limited - Amendments t
JSE   TKGABJTKGABK
 ACMB                                                                            
    TKGABJ - TKGABK - ABSA Bank Limited - Amendments to the terms and           
    conditions of the call warrants relating to the ordinary shares of Telkom   
    SA Ltd                                                                      

    AMENDMENTS TO THE TERMS AND CONDITIONS OF THE CALL WARRANTS RELATING TO THE 
    ORDINARY SHARES OF TELKOM SA LTD                                            
                                                                                
Following the announcement by the board of Telkom SA Limited (TKG) whereby  
    TKG declared a special dividend of 500c, Absa Bank Ltd (the Issuer) will    
    amend the conditions of the warrants listed below in the following way.     
                                                                                

                                                                                
    Warrant                     TKGABJ         TKGABK                           
    Type                        AC             AC                               
Expiry                      06-Sep-07      24-Jan-08                        
    ISIN                        ZAE000092672   ZAE000098679                     
    Previous Strike             17000          20000                            
    Adjusted Strike             16520          19439                            
Previous Cover              25             25                               
    Adjusted Cover              24.3           24.3                             
    The effect of the abovementioned adjustment is to place the Warrant holders 
    in the same position it would have been in had the special dividend not     
been declared. This adjustment will be effective from 2 July 2007.          
                                                                                
    Copies of the Offering Circular may be obtained from:                       
    Absa Bank Ltd                                                               
1st Floor, Absa Towers North                                                
    180 Commissioner Street                                                     
    Johannesburg, 2001                                                          
                                                                                
Sponsor                                                                     
    Absa Capital - Corporate Finance                                            
    A division of Absa Bank Limited                                             
    Reg. No. 1986/004794/06"                                                    

    For further information contact                                             
    Absa Warrants                                                               
    Tel:  (011) 221 9083/4/5                                                    
e-mail: derivatives@absa.co.za                                              
Date: 04/07/2007 08:41:47 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.
Other Profile Group sites: FundsData Online (unit trust data)  |  Profile Group corporate site
[  Terms of Use |  Privacy Policy |  PAIA manual |  FAQs/Help |  Site Map |  © Copyright Reserved 2026  ]
  


Powered by ProfileData

Profile Mobile App Google Play Store Apple App Store


Follow us on: