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JSE PPCSBRPPCSBFPPCSBG
SCIB
SCIB - The Standard Bank of South Africa - Adjustments To The Terms And
Conditions Of The Pretoria Portland Cement Warrants
NOTICE OF ADJUSTMENT
The Standard Bank of South Africa Limited
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE PRETORIA PORTLAND CEMENT WARRANTS
Following the PRETORIA PORTLAND CEMENT ("PPC") announcement of the pro rata
share repurchase on the PRETORIA PORTLAND CEMENT ("PPC") shares, shareholders
will be required to sell 7.34195% of their shares in PPC at a price of R31.31976
per share, notice is hereby given to warrantholders of PPC warrants that the
Issuer will amend the terms and conditions of the warrants as indicated below,
to place the warrantholder in the same financial position they were prior to the
capital repayment.
Existing Terms
JSE Exercise Conversion Expiry Exercise ISIN CODES
Code Price Ratio Style
PPCSBF R31.00 10 for 1 07-Jan-09 American ZAE000121950
Call
PPCSBG R28.50 10 for 1 04-Jun-09 American ZAE000128039
Call
PPCSBR 27.50 7 for 1 07-Jan-09 European ZAE000122701
Put
New Terms
JSE Exercise Conversion Expiry Exercise ISIN CODES
Code Price Ratio Style
PPCSBF R30.88 9.96 for 1 07-Jan-09 American Call ZAE000121950
PPCSBG R28.39 9.96 for 1 04-Jun-09 American Call ZAE000128039
PPCSBR R27.39 6.97 for 1 07-Jan-09 European Put ZAE000122701
The JSE Limited Issuer Services Division has approved the adjustment of the
above-mentioned warrants, and the Effective Date of the adjustment will be 8th
December 2008.
This Notice together with the Common Terms Document, Conditions Annexure and the
relevant Supplements 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 and Conditions Annexure 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.
Copies of the warrant issue documentation may be obtained from:
The Standard Bank Of South Africa Limited.
(Registration Number 1962/000738/06)
3 Simmonds Street
Johannesburg
2001
For further information contact :
Standard Bank Warrants
Tel 0800 111 780
e-mail: derivatives@standardbank.co.za
Sponsor :
Standard Financial Markets (Pty) Ltd
(Registration Number: 1972/008305/07)
An authorised user of the JSE Limited
Date: 08/12/2008 11:03:32 Produced by the JSE SENS Department.
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