GEN - FTSE/JSE Africa Index Series - The approved treatment of the Standard Bank
JSE
GEN
GEN - FTSE/JSE Africa Index Series - The approved treatment of the Standard Bank
corporate action in The FTSE/JSE IndiceS
FTSE/JSE Africa Index Series
19 February 2008
THE APPROVED TREATMENT OF THE STANDARD BANK CORPORATE ACTION IN THE FTSE/JSE
INDICES
Further to the notice issued on 11 December 2007 and approval of the scheme of
arrangement between Standard Bank Group and Industrial and Commercial Bank of
China Limited (ICBC), FTSE/JSE would like to confirm that the dates for the
compulsory acquisition of Standard Bank ordinary shares by ICBC from Standard
Bank shareholders at a fixed price have been finalized. The last day to trade in
Standard Bank shares in order to receive the scheme consideration is 22 February
2008 with the ex-date being 25 February 2008.
ICBC will acquire 11.11% of the aggregate issued ordinary share capital of
Standard Bank Group from existing Standard Bank Group ordinary shareholders at a
price per share of R136.00.
The specific issue of shares will be dealt with according to the management of
shares in issue rule once the company has applied for a listing of the shares.
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Date: 20/02/2008 07:55:33 Produced by the JSE SENS Department.
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