|
JSE FSRIHA
INVS
FSRIHA - Investec Bank Limited - Termination of the hot enhanced distribution
security (Hot Eds) - ("FSRIHA") - 31 december 2007
INVESTEC BANK LIMITED
TERMINATION OF THE HOT ENHANCED DISTRIBUTION SECURITY (HOT EDS) - ("FSRIHA") -
31 December 2007
Share Firstrand Limited
Strike Price R17.50
Stop-Loss Level R19.75
Expiry Date 15/01/2008
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 1,500,000
JSE Code FSRIHA ZAE000092193
Investec Bank Limited, as Issuers of the above FSRIHA, Hot Enhanced Distribution
Security (HOT EDS), would like to advise Holders that due to the breach of the
stop loss level of R19.75 in the Underlying Share, as of close of business
Monday, 31 December 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 R17.50. 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: 02/01/2008 12:44:19 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
