HLMIHA - Investec Bank - Termination Of The Hulami
JSE HLMIHA
INVS
HLMIHA - Investec Bank - Termination Of The Hulamin Limited Hot Enhanced
Dividend Securities
Investec Bank Limited
Termination Of The Hulamin Limited Hot Enhanced Dividend Securities -
("HLMIHA")
Share Hulamin Limited
Strike Price R24.75
Stop-Loss Level R28.00
Expiry Date 15/05/2008
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 150,000
JSE Code HLMIHA ZAE000100707
Investec Bank Limited, as Issuers of the above HLMIHA, Hot Enhanced
Distribution Securities ("Hot EDS") would like to advise Holders that due to
the breach of the stop loss level of R28.00 in the Underlying Share, as of
close of business Thursday, 12 July 2007 the abovementioned Hot EDS has been
terminated.
The Rebate payment represents the number of Hot EDS held on 12 July 2007,
multiplied by the excess of the simple average of the Volume Weighted Average
Price ("VWAP") of the Underlying Parcel over the two Business Days following
the Termination Date, over the Exercise Price (Strike Price) of R24.75. This
amount will automatically accrue to holders via instruction to STRATE.
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.: 011 286-4672
E-mail: warrants@investec.co.za
Internet: www.investecwarrants.com
Sponsor
Investec Securities Limited
Member of the JSE
Registration number. 1972/008905/06)
Date: 13/07/2007 11:57:12 Produced by the JSE SENS Department.
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