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JSE PPCIHC
INVS
PPCIHC - Investec Bank Limited - Termination of the hot enhanced
distribution security
INVESTEC BANK LIMITED - TERMINATION OF THE HOT ENHANCED DISTRIBUTION
SECURITY (HOT EDS) - ("PPCIHC") 15/08/2007
Share Pretoria Portland Cement
Company
Strike Price R35.82
Stop-Loss Level R40.59
Expiry Date 15/05/2008
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 1,500,000
JSE Code PPCIHC ZAE000101010
Investec Bank Limited, as Issuers of the above PPCIHC, Hot Enhanced
Distribution Security (HOT EDS), would like to advise Holders that due to
the breach of the stop loss level of R40.59 in the Underlying Share, as of
close of business Wednesday, 15 August 2007 the abovementioned Hot Enhanced
Distribution Security (HOT EDS) has been terminated.
Holders are now entitled to receive the Rebate Payment, represented by the
number of HOT EDS held on the termination date, multiplied by the excess of
the simple average of the Volume Weighted Average Price ("VWAP") of the
Underlying Share over the two Business Days following the Termination Date
over the Exercise Price (Strike Price) of R35.82. This amount will
automatically accrue to holders via instruction through 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: 16/08/2007 08:33:13 Produced by the JSE SENS Department.
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