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

Tue 17 Jun 2008, 17:42 SBKIHC - Investec Bank Limited - Notice of barrier for hot enhanced dividend
JSE   SBKIHC
INVS                                                                            
SBKIHC - Investec Bank Limited - Notice of barrier for hot enhanced dividend    
securities - SBKIHC                                                             
INVESTEC BANK LIMITED -NOTICE OF BARRIER FOR HOT ENHANCED DIVIDEND SECURITIES - 
SBKIHC                                                                          
Share               STANDARD BANK GROUP                                         
                   LIMITED                                                      
Strike Price        R69.47                                                      
Stop-Loss Level     R78.73                                                      
Expiry Date         07/10/2008                                                  
Cover Ratio         1:1                                                         
Call/Put            Call                                                        
Style               American                                                    
Issue Size          2,500,000                                                   
JSE Code            SBKIHC ZAE000113510                                         
                                                                                
Investec Bank Limited, as Issuers of the above SBKIHC, Hot Enhanced Distribution
Security (HOT EDS), would like to advise Holders that due to the breach of the  
stop loss level of R78.73  in the Underlying Share, as of close of business     
Tuesday, 17 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 R69.47. 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: 17/06/2008 17:42:01 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.
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: