PPCIHB - Investec - Notice Of Barrier For Hot Enhanced Dividend Securities
JSE PPCIHB
INVS
PPCIHB - Investec - Notice Of Barrier For Hot Enhanced Dividend Securities
INVESTEC BANK LIMITED
Share Pretoria Portland Cement
Company
Strike Price R32.73
Stop-Loss Level R37.09
Expiry Date 15/05/2008
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 1.5 Million
JSE Code PPCIHB ZAE000094793
Investec Bank Limited, as Issuers of the above PPCIHB, Hot Enhanced
Distribution Security (HOT EDS), would like to advise Holders that due to the
breach of the stop loss level of R37.09 in the Underlying Share, as of close
of business Tuesday, 5 February 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 R32.73. 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: 06/02/2008 13:49:01 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
