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JSE MTXIHB
INVS
MTXIHB - Investec Bank Limited - Notice of barrier for enhanced dividend
securities
INVESTEC BANK LIMITED
NOTICE OF BARRIER FOR ENHANCED DIVIDEND SECURITIES - MTXIHB
Share Metorex Limited
Strike Price R12.02
Stop-Loss Level R13.62
Expiry Date 21/05/2009
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 400,000
JSE Code MTXIHB ZAE000124988
Investec Bank Limited, as Issuers of the above MTXIHB, Hot Enhanced Dividend
Security (HOT EDS), would like to advise Holders that due to the breach of the
stop loss level of R13.62 in the Underlying Share, as of close of business
Monday, 29 September 2008, the abovementioned Hot Enhanced Dividend 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 R12.02. 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: 30/09/2008 09:23:01 Produced by the JSE SENS Department.
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