|
JSE NPNIHC
INVS
NPNIHC - Investec Bank - Notice Of Barrier For Hot Enhanced Dividend
Securities
INVESTEC BANK LIMITED
Share Naspers Limited
Strike Price R123.32
Stop-Loss Level R139.76
Expiry Date 07/10/2008
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 500,000
JSE Code NPNIHC ZAE000113544
Investec Bank Limited, as Issuers of the above NPNIHC, Hot Enhanced
Distribution Security (HOT EDS), would like to advise Holders that due
to the breach of the stop loss level of R139.76 in the Underlying
Share, as of close of business Monday, 21 January 2008 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
R123.32. 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: 22/01/2008 12:53:49 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.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 ] | |||||||||||||
|
|||||||||||||
