INVS - Investec Bank - Announcement to Warrant Holders of Their New Positions of
JSE NPNIHDNPNIHESABIHCSABIHD
INVS
INVS - Investec Bank - Announcement to Warrant Holders of Their New Positions of
the Hot Enhanced Dividend Securities Which Expired 19 November 2008
INVESTEC BANK
ANNOUNCEMENT TO WARRANT HOLDERS OF THEIR NEW POSITIONS OF THE HOT ENHANCED
DIVIDEND SECURITIES WHICH EXPIRED 19 NOVEMBER 2008
Share Naspers Ltd SABMiller plc
Old Position NPNIHD ZAE000115044 SABIHC ZAE000115051
Old Price R43.25 R32.52
New Position NPNIHE ZAE000129094 SABIHD ZAE000129102
Price R41.20 R47.97
Conversion Ratio 1:1.0497573 1:0.6779237
(Old : New)
Cash per ratio 0.09 0
Investec Bank Limited, as Issuers of the above Hot Enhanced Dividend Securities
(HotEDS), would like to inform warrant holders who rolled their Hot EDS into the
"New" series of Hot EDS of the positions in which their securities closed out
yesterday, Wednesday 19 November 2008 and to inform warrant holders of their new
positions.
This has been done on an optimal-ratio basis, with a cash distribution equal to
the difference between the intrinsic value inherent to the "Expired" Hot EDS
multiplied by the position held on expiry and "New" Hot EDS multiplied by the
new position 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: 20/11/2008 11:00:01 Produced by the JSE SENS Department.
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