| Thu 23 Oct 2008, 17:49 | | SCIB : The Standard Bank of South Africa Limited - Adjustments to the terms and |
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JSE REMSTB
SCIB
SCIB : The Standard Bank of South Africa Limited - Adjustments to the terms and
conditions of the Standard Bank Remgro ltd share instalments
The Standard Bank of South Africa Limited
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK REMGRO LTD SHARE
INSTALMENTS
Following the REMGRO LTD distribution announcement, REM LTD holders will
receive 0.406054 British American Tobacco PLC "BAT")shares and 0.636977
Reinet DR ("REI") for every 1 REM LTD held.
Holders of the REMSTB share Instalment will accordingly receive 0.406054
REISTB and 0.636977 BTISTB for every REMSTB share instalments held. The
terms of the new share instalments shall be determined at the close of
business on 28 October 2008.
The following share instalments will be affected by this corporate
action:
Existing Terms
ISIN JSE Code Exercise Conversion Expiry Exercise Style
Price Ratio
ZAE000119491 REMSTB 160 1:1 04-June-2009 American Call
New Terms
ISIN JSE Code Exercise Conversion Expiry Exercise Style
Price Ratio
ZAE000128682 REISTB TBA 1:1 04-June-2009 American Call
ZAE000128674 BTISTB TBA 1:1 04-June-2009 American Call
The last day to trade to qualify for the distribution is the 27th
October 2008.
The Effective Date of the adjustment shall be 28th 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 08:08:04 Produced by the JSE SENS Department.
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damage of any kind or nature,
23 October 2008
Date: 23/10/2008 17:49:13 Produced by the JSE SENS Department.
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JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
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completeness of the information published on SENS. The JSE, their officers,
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