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JSE MVLIDA
INVS
MVLIDA - Investec Bank Limited - Termination of the enhanced distribution
security (18/12/2007)
Investec Bank Limited
Termination Of The Enhanced Distribution Security (EDS) - ("MVLIDA") 18/12/2007
Share Mvelaphanda Resources Ltd
Strike Price R30.50
Stop-Loss Level R41.50
Expiry Date 15/05/2008
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 400,000
JSE Code MVLIDA/ ZAE000096087
Investec Bank Limited, as Issuers of the above MVLIDA, Enhanced Distribution
Security (EDS), would like to advise Holders that due to the breach of the stop
loss level of R41.50 in the Underlying Share, as of close of business Tuesday,
18 December 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 R30.50. 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: 19/12/2007 10:40:49 Produced by the JSE SENS Department.
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