FSRIDD - Investec Bank - Notice of barrier for enhanced dividend security
JSE FSRIDD
INVS
FSRIDD - Investec Bank - Notice of barrier for enhanced dividend security
INVESTEC BANK LIMITED
NOTICE OF BARRIER FOR ENHANCED DIVIDEND SECURITY - FSRIDD
Share FirstRand Limited
Strike Price R10.73
Stop-Loss Level R14.63
Expiry Date 7/10/2008
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 4 Million
JSE Code FSRIDD ZAE000113569
Investec Bank Limited, as Issuers of the above FSRIDD, Enhanced Distribution
Security (EDS), would like to advise Holders that due to the breach of the stop
loss level of R14.63 in the Underlying Share, as of close of business Thursday,
29 May 2008 the abovementioned Enhanced Distribution Security (EDS) has been
terminated.
Holders are now entitled to receive the Rebate Payment, represented by the
number of 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 R10.73. 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: 30/05/2008 09:41:01 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
