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JSE PPCIHE
INVS
PPCIHE - Investec Bank - Notice Of Barrier For Hot Enhanced Dividend
Securities - PPCIHE
INVESTEC BANK LIMITED
Share PRETORIA PORTLAND CEMENT COMPANY
LIMITED
Strike Price R31.75
Stop-Loss Level R32.22
Expiry Date 14/05/2008
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 600,000
JSE Code PPCIHE ZAE000120010
Investec Bank Limited, as Issuers of the above PPCIHE, Hot Enhanced Distribution
Security (HOT EDS), would like to advise Holders that due to the breach of the
stop loss level of R32.22 in the Underlying Share, as of close of business
Tuesday, 10 June 2008 the abovementioned Hot Enhanced Distribution Security (HOT
EDS) has been terminated.
Holders are now entitled to receive the Rebate Payment, represented by the
number of HOT 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 R31.75. 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: 11/06/2008 07:05:01 Produced by the JSE SENS Department.
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