SCIB - The Standard Bank of South Africa - Adjustments To The Terms And
JSE RCHSTC
SCIB
SCIB - The Standard Bank of South Africa - Adjustments To The Terms And
Conditions Of The Standard Richemont Securities Share Instalments
The Standard Bank of South Africa Limited
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD RICHEMONT SECURITIES
SHARE INSTALMENTS
Following the RICHEMONT de-twinning announcement, RCH DR holders will receive 1
Compagnie Financiere Richemont SA DR ("CFR") and 1 Reinet DR ("REI") for every 1
RCH DR held.
Holders of the RCHSTC share instalment will accordingly receive 1 REISTC and 1
CFRSTC for every RCHSTC share instalments held. The terms of the new share
instalments shall be determined at the close of business on 21 October 2008.
The following share instalments will be affected by this corporate action:
Existing Terms
ISIN JSE Exercise Conversion Expiry Exercise
Code Price Ratio Style
ZAE000125779 RCHSTC 34.50 1:1 22-Sep-2009 American
Call
New Terms
ISIN JSE Exercise Conversion Expiry Exercise
Code Price Ratio Style
ZAE000128252 REISTC TBA 1:1 22-Sep-2009 American Call
ZAE000128237 CFRSTC TBA 1:1 22-Sep-2009 American
Call
The last day to trade to qualify for the de-twinning is the 20th October 2008.
The Effective Date of the adjustment shall be 21st October 2008.
The JSE Limited (JSE) Issuer Services Division has approved the adjustment of
the above-mentioned share instalments.
This Notice together with the Common Terms Document and Conditions Annexure
record the terms and conditions of the agreement between the Parties. Any terms
used in this Notice which are defined in the Common Terms Document, Conditions
Annexure and the relevant Supplements shall bear the meaning ascribed to them
therein, unless specifically stated otherwise herein. Other than as set out
herein, the terms and conditions set out in the Common Terms Document,
Conditions Annexure and relevant Supplements remain unchanged and in full force
and effect.
Date: 15/10/2008 08:05:04 Produced by the JSE SENS Department.
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