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JSE REMSTAREMSTBRDFSICAXCSICGNDSTBAXCSIDGNDSTARDFSID
SCIB
SCIB - Standard Bank - Notice Of Rollover Of Standard Bank Turbo Share
Instalments
NOTICE OF ROLLOVER OF STANDARD BANK TURBO SHARE INSTALMENTS
Further to the notice of expiry issued on 15th May 2008, notice is hereby
given that the following Share Instalments will automatically rollover on
Thursday 29th May 2008:
Existing Underlying Existing New New ISIN
Instalment Security ISIN Code Instalment Code
Code Code
AXCSIC APEXHI ZAE000094413 AXCSID ZAE000119467
PROPERTIES
LIMITED
GNDSTA GRINDROD ZAE000096905 GNDSTB ZAE000119475
LIMITED
RDFSIC REDEFINE ZAE000096939 RDFSID ZAE000119483
INCOME
FUND LTD
REMSTA REMGRO ZAE000096947 REMSTB ZAE000119491
LIMITED
The following Share Instalments will not rollover and a Cash Settlement
Amount determined in accordance with the provisions of the Conditions
Annexure, if any, will be paid to Warrantholders:
NOTICE OF EXPIRY OF STANDARD BANK SHARE INSTALMENTS
Warrant Stock Expiry Strike Style Ratio Issue ISIN Code
Code Size
APNSTA ASPEN 29 May 08 R29.00 American 1 10 ZAE0000
PHARMACARE Call Million 96863
HOLDINGS
LIMITED
DSYSTA DISCOVERY 29 May 08 R24.00 American 1 10 ZAE0000
HOLDINGS Call Million 96871
LIMITED
DTCSTA DATATEC 29 May 08 R29.00 American 1 10 ZAE0000
LIMITED Call Million 96889
HVLSIC HIGHVELD 29 May 08 R46.00 American 1 10 ZAE0000
STEEL AND Call Million 96913
VANADIUM
CORP LD
JCMSIC ELEMENTONE 29 May 08 R18.98 American 1 10 ZAE0000
LIMITED Call Million 95311
JDGSTA JD GROUP 29 May 08 R59.00 American 1 10 ZAE0000
LIMITED Call Million 98075
LBTSTA LIBERTY 29 May 08 R130.00 American 1 10 ZAE000096
INTERNATION Call Million 921
AL PLC
NPNSIC NASPERS 29 May 08 R 91.03 American 1 10 ZAE000112
LIMITED Call Million 074
Rollover Formula:
Number of new Share Instalments =
(Cash Settlement Amount / Price of new Share Instalment on the Expiration
Date)*Number of existing Share Instalments
Where:
Cash Settlement Amount = (the closing price of the Underlying Parcel on
Expiration Date - the Exercise Price of the expiring Share Instalment - any
other fees and expenses the Warrantholder is liable for in terms of the
Conditions);
Price of new Share Instalment = closing price of the new Share Instalment
on the Expiration Date of the old Share Instalment determined by the Issuer
as per the matrix offer price based off the closing price of the Underlying
Security. Note - This may differ from the closing price of the new Share
Instalment on the JSE as this level is set before the official close of the
market at 5.00 p.m.
Please note:
Any fractional amounts will be rounded down and settled in cash, with the
cash amount paid into the Warrantholders account.
The new Share Instalments will take around 5 Business Days from the
Expiration Date of the old series to be delivered into the Warrantholders
account.
Warrantholders should ensure that their holdings are registered prior to the
Expiration Date as only registered Warrantholders will be entitled to the
rollover. Share Instalments will be exercisable in accordance with the terms
and conditions set out in the Common Terms Document, relevant Conditions
Annexure/s and/or Supplements. All Share Instalments will be settled via
STRATE. Please note that the Share Instalments that do not rollover will be
settled in accordance with the provisions set out in the relevant Conditions
Annexure/s and/or Supplements.
Copies of the warrant issue documentation may be obtained from:
The Standard Bank Of South Africa Limited.
(Registration Number 1962/000738/06)
3 Simmonds Street
Johannesburg
2001
For further information contact :
Standard Bank Warrants
Tel 0800 111 780
e-mail : derivatives@standardbank.co.za
Sponsor :
Standard Financial Markets (Pty) Ltd
(Registration Number: 1972/008305/07)
An authorised user of the JSE Limited
Date: 16/05/2008 10:56:04 Produced by the JSE SENS Department.
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