SABIRP - Investec Bank Limited - Termination Of Th
JSE SABIRP
INVS
SABIRP - Investec Bank Limited - Termination Of The Barrier Put Warrant (REVS)
INVESTEC BANK LIMITED
- TERMINATION OF THE BARRIER PUT WARRANT (REVS) - ("SABIRP")
Share SABMiller Plc
Strike Price R225.00
Stop-Loss Level R187.50
Expiry Date 20/09/2007
Cover Ratio 1:1
Call/Put Put
Style European
Issue Size 5 Million
JSE Code SABIRP ZAE000087979
Investec Bank Limited, as Issuers of the above SABIRP, Barrier Put Warrants
(REVS), would like to advise Holders that due to the breach of the stop loss
level of R187.50 in the Underlying Share, at the close of business on Thursday
23 August 2007, the abovementioned Barrier Put Warrant (REVS) has been
terminated.
Holders are now entitled to receive the Rebate Payment, represented by the
number of REVS held on the termination date, multiplied by the excess of the
Exercise Price (Strike Price) of R225.00 over the simple average of the Volume
Weighted Average Price ("VWAP") of the Underlying Share over the two Business
Days following the Termination Date. 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: 24/08/2007 17:10:13 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
