BAWNIC - Nedbank Limited - Payment Terms Of BAWNIC
JSE BAWNIC
NEDB
BAWNIC - Nedbank Limited - Payment Terms Of BAWNIC Nedbank Share Instalment
Nedbank Limited
Payment Terms Of BAWNIC Nedbank Share Instalment
With reference to the SENS announcement released on Friday, 6 July 2007, the
Trustees of the share instalment trust will make a payment to the BAW share
instalment holders.
For every 1 BAW share instalment (ZAE000085593) held, the share instalment
holder will receive a payment of R 94.82 based on the value of 0,18555 PPC`s
(ZAE000005559) at the closing price of PPC on Friday, 06 July 2007. Payment
date is Monday, 16 July 2007
The cash payment is calculated as follows:
Closing price X PPC ratio = R 511.00 X 0.18555 = R 94.82.
The JSE Limited ("the JSE") Issuer Services Division has approved the
adjustment of the above-mentioned instalments.
For more information contact Nedbank Equity Derivatives on (011) 535 4030.
135 Rivonia Road, Sandton
11 June 2007
Sponsor Nedbank Capital
Date: 11/07/2007 17:14:47 Produced by the JSE SENS Department.
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