BAWIBE - Investec - Adjustment to the strike price
JSE BAWIBE
INVS
BAWIBE - Investec - Adjustment to the strike price and cover ratio of Barloworld
Limited warrants
INVESTEC BANK LIMITED
ADJUSTMENT TO THE STRIKE PRICE AND COVER RATIO OF BARLOWORLD LIMITED WARRANTS
("BAWIBE")
Investec Stock Warrants
Share Barloworld Limited
Old Strike Price R200.00
New Strike Price R111.39
Expiry Date 15/05/2008
Old Cover Ratio 35:1
New Cover Ratio 19.49:1
Call/Put Call
Style American
Issue Size 100 Million
JSE Code BAWIBE ZAE000094876
As a result of the revaluation concomitant with the unbundling of Barloworld
Limited`s PPC Holding on Friday, 6 July 2007, an adjustment will be made to
ensure the financial position of the warrant holder is unprejudiced by this
event. The strike price and cover ratio of BAWIBE has been adjusted
accordingly. This adjustment will reflect on Tuesday, 10 July 2007 but remain
effective as of Monday, 9 July 2007. The warrant is 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: 09/07/2007 10:59:31 Produced by the JSE SENS Department.
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