Not logged in
  Home   Markets   Shares   Funds   Portfolio   Toolbox   Charting   Alerts   Directory   
 Admin   

Mon 2 Jun 2008, 10:43 SCIB - The Standard Bank of South Africa - Adjustments to the terms and
JSE   ANGSBPANGSBJ
SCIB                                                                            
SCIB - The Standard Bank of South Africa - Adjustments to the terms and         
conditions of The Standard Bank Anglo Gold Ashanti warrants                     
The Standard Bank of South Africa Limited                                       
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK ANGLO GOLD ASHANTI 
WARRANTS                                                                        
Following the Anglo Gold Ashanti ("ANG") Rights Offer announcement, ANG share   
holders will receive rights to take up 0.246403 Anglo Gold Ashanti ("ANG")      
shares at a price of R194.00 for every 1 ANG shares held.                       
Following this announcement, notice is hereby given that the the terms of the   
ANG warrants will be adjusted to place the warrant holder in the same financial 
position they were prior to the rights offer ex-date.  The terms of the warrants
shall be determined at the close of business on 30th May 2008.                  
The following warrants will be affected by this corporate action:               
Existing Terms                                                                  
ISIN           JSE      Exercise Conversion Expiry          Exercise Style      
Code     Price    Ratio                                            
ZAE000115274   ANGSBI   R290.00  110:1      6 Aug 2008      American Call       
ZAE000119624   ANGSBJ   R310.00  120:1      5 Nov 2008      American Call       
ZAE000119517   ANGSBP   R275.00  85:1       5 Nov 2008      European Put        
New Terms                                                                       
ISIN           JSE      Exercise Conversion Expiry          Exercise Style      
             Code     Price    Ratio                                            
ZAE000115274   ANGSBI   271.49   102.98     6 Aug 2008      American Call       
ZAE000119624   ANGSBJ   290.21   112.34     5 Nov 2008      American Call       
ZAE000119517   ANGSBP   257.45   79.57      5 Nov 2008      European Put        
The last day to trade before this adjustment is made will be 30th May 2008.  The
Effective Date of the adjustment shall be 2nd June 2008.                        
The JSE Limited (JSE) Issuer Services Division has approved the adjustment of   
the above-mentioned warrants.                                                   
This Notice together with the Common Terms Document and Conditions Annexure     
record the terms and conditions of the agreement between the Parties.  Any terms
used in this Notice which are defined in the Common Terms Document, Conditions  
Annexure and the relevant Supplements shall bear the meaning ascribed to them   
therein, unless specifically stated otherwise herein.  Other than as set out    
herein, the terms and conditions set out in the Common Terms Document,          
Conditions Annexure and relevant Supplements remain unchanged and in full force 
and effect.                                                                     
Please note that Share Instalments are subject to selling restrictions and      
prospective purchases are referred to the relevant Conditions Annexure for      
details of such restrictions.                                                   
Date: 02/06/2008 10:43:59 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.
Other Profile Group sites: FundsData Online (unit trust data)  |  Profile Group corporate site
[  Terms of Use |  Privacy Policy |  PAIA manual |  FAQs/Help |  Site Map |  © Copyright Reserved 2026  ]
  


Powered by ProfileData

Profile Mobile App Google Play Store Apple App Store


Follow us on: