|
INL AGLIDF
INL
AGLIDF - Investec Bank Limited - Rebate Payment For Enhanced Dividend Securities
Investec Bank Limited
REBATE PAYMENT FOR ENHANCED DIVIDEND SECURITIES
Share Anglo American Plc
Strike Price R219.90
Stop-Loss Level R299.87
Expiry Date 21/05/2009
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 350,000
JSE Code AGLIDF ZAE000124905
Investec Bank Limited, as Issuers of the above AGLIDF, Enhanced Distribution
Security (EDS), advised Holders that due to the breach of the stop loss level of
R299.87 in the Underlying Share, as of close of business Friday, 26 September
2008 the abovementioned Enhanced Distribution Security (EDS) has been
terminated.
The Rebate Payment, represents the number of 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 R219.90. This amount
will automatically accrue to holders via instruction through STRATE.
The VWAP on Monday, 29 September 2008 = R275.48
The VWAP on Tuesday, 30 September2008 = R280.00
Holders will receive R57.84 for every warrant held
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: 01/10/2008 16:05:02 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.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 ] | |||||||||||||
|
|||||||||||||
