SBKIDE - Investec Bank - Adjustment To The Terms And Conditions Of SBKIDE
JSE SBKIDE
INVS
SBKIDE - Investec Bank - Adjustment To The Terms And Conditions Of SBKIDE
INVESTEC BANK LIMITED
ISIN Code: ZAE000115150
ADJUSTMENT TO THE TERMS AND CONDITIONS OF SBKIDE
Investec Enhanced Dividend Securities (EDS)
As a result of the Standard Bank Group Limited corporate action, all Standard
Bank holdings will be decreased by 11.11% at a price of R136, leaving the
holders in the same cash position before and after the corporate action.
The holder`s SBKIDE position is adjusted.
LDT Spot: R94.50
EX Spot: R89.31
Price LDT: R51.73
Price EX: R46.42
For every 100 options held, Investec Bank Limited will buy back 11% of the
holder`s option position at a price of R94.69 thus keeping his cash position the
same before and after the corporate action.
SBKIDE
LDT EX
Price R51.73 R46.42
Spot R94.50 R89.31
Position 100 89
Value 5173 4131.38 + cash (1041.62)
=5173
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.: 0860 103 343
E-mail: warrants@investec.co.za
Internet: www.investecwarrants.com
Sponsor
Investec Securities Limited
Member of the JSE
Registration number. 1972/008905/06)
Date: 25/02/2008 08:11:01 Produced by the JSE SENS Department.
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