|
JSE NPNSTCHARSTBRCHSTBASASTCSABSTCSACSIDEXXSTBHARSTCNPNSTBRCHSTCEXXSTCKIOSTCAS
SCIB
SCIB - The Standard Bank of South Africa - Notice Of Rollover Ratios Of Standard
Bank Turbo Share Instalments
THE STANDARD BANK OF SOUTH AFRICA LIMITED
NOTICE OF ROLLOVER RATIOS OF STANDARD BANK TURBO SHARE INSTALMENTS
Further to the notice of expiry issued on 5th September 2008, the following
share instalments automatically rolled on Friday 12th September 2008 and the
Ratios of the roll are as follows:
Warrant ISIN New Warrant New Warrant Ratio
Sharecode Sharecode ISIN
ASASTB ZAE000103644 ASASTC ZAE000114609 0.239
EXXSTB ZAE000103651 EXXSTC ZAE000125720 1.022
HARSTB ZAE000102430 HARSTC ZAE000125738 0.225
KIOSTB ZAE000103685 KIOSTC ZAE000125746 0.572
NPNSTB ZAE000103701 NPNSTC ZAE000114682 0.496
PSGSIC ZAE000104188 PSGSID ZAE000125761 0.388
RCHSTB ZAE000103727 RCHSTC ZAE000125779 0.568
SABSTB ZAE000103735 SABSTC ZAE000114716 0.353
SACSIC ZAE000103818 SACSID ZAE000125787 0.444
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:
1. Any fractional amounts will be rounded down and settled in cash, with the
cash amount paid into the Warrantholders account.
2. 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: 15/09/2008 12:31:02 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 ] | |||||||||||||
|
|||||||||||||
