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JSE BCXIDB
INVS
BCXIDB - Investec Bank - Termination Of The Enhanced Distribution
Security (EDS)
INVESTEC BANK LIMITED - TERMINATION OF THE ENHANCED DISTRIBUTION SECURITY
(EDS) - ("BCXIDB") 06/08/2007
Share Business Connexion Group Limited
Strike Price R4.40
Stop-Loss Level R6.00
Expiry Date 15/11/2007
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 20 Million
JSE Code BCXIDB ZAE000087045
Investec Bank Limited, as Issuers of the above BCXIDB, Enhanced
Distribution Security (EDS), would like to advise Holders that due to the
breach of the stop loss level of R6.00 in the Underlying Share, as of close
of business Monday, 12 November 2007 the abovementioned Enhanced
Distribution Security (EDS) has been terminated.
Holders are now entitled to receive the Rebate Payment, represented by the
number of 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 R4.40. 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: 13/11/2007 14:54:09 Produced by the JSE SENS Department.
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