MTXNIB - Nedbank Limited - Adjustment to the Terms and Conditions Of Nedbank`s
JSE MTXNIB
NEDB
MTXNIB - Nedbank Limited - Adjustment to the Terms and Conditions Of Nedbank`s,
Metorex Ltd Share Instalment
Nedbank Limited
Share Code: MTXNIB
ISIN Code: ZAE000124467
The Event
Metorex Ltd has announced that they will be issuing Nil Paid Letters as part of
a rights offer. The Nil Paid Letters will be issued on Monday 05 January 2009
and will entitle holders the right to buy (MTX) Metorex Ltd Ordinary shares
units at R2.00 per share. Alternatively holders can sell their rights (Nil Paid
Letters) on the market at the ruling price.
Details Of The Event:
- Last day to trade in order to be eligible for the rights offer is Tuesday,
23 December 2008.
- The deadline date for the take up of the Nil Paid Letters is Tuesday, 20
January 2009.
- The last day to sell the Nil Paid Letters on the market is Friday, 16
January 2009.
- The number of holdings will be calculated as follows:
Number of shares on record date: (02/01/2009) x 34,94/100
Holders Of The MTXNIB Share Instalment Will Be Affected In The Following Way:
- Holders of MTXNIB share instalments will receive Nil Paid Letters in the
ratio described above.
For more information contact Nedbank Equity Derivatives on (011) 535 4030.
135 Rivonia Road, Sandton
23 December 2008
Sponsor Nedbank Capital
Date: 23/12/2008 16:46:21 Produced by the JSE SENS Department.
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