JSE ABSP
ABSP
ABSP - Absa Bank - Private Placement Of Absa Bank Preference Shares
ABSA BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1986/004794/06)
ISIN: ZAE000079810
JSE share code: ABSP
(Absa Bank)
PRIVATE PLACEMENT OF ABSA BANK PREFERENCE SHARES (ABSP PREFERENCE SHARES)
Investors are referred to Absa Bank`s announcements dated 20 March 2007 and 5
September 2007 relating to the monthly ABSP preference share issuance
programme.
Absa Bank is pleased to announce that, in terms of the private placement, 28
537 of ABSP preference shares, at an aggregate value of R24 037 571,21 were
placed at a price of R842,33 at an effective dividend rate of 75% of prime.
The JSE has granted Absa Bank a listing of the 28 537 additional ABSP
preference shares in the Specialist Securities - "Preference shares" sector
with effect from Tuesday, 11 September 2007. The ABSP preference shares will
be allotted and issued, against receipt of payment from their central
securities depository participants, to institutions who applied for preference
shares, on Tuesday, 11 September 2007.
Johannesburg
11 September 2007
Enquiries
Carel Gronum
Group treasurer
Tel: (+2711) 350 8995
e-mail: carelg@absa.co.za
Sponsor:
Merrill Lynch South Africa (Proprietary) Limited
Date: 11/09/2007 08:48:38 Produced by the JSE SENS Department.
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