GRTNIE - Nedbank Limited - Adjustment To The Terms And Conditions Of Nedbank`s
JSE GRTNIE
NEDB
GRTNIE - Nedbank Limited - Adjustment To The Terms And Conditions Of Nedbank`s,
Growthpoint Properties Ltd Share Instalment
ADJUSTMENT TO THE TERMS AND CONDITIONS OF NEDBANK`S, GROWTHPOINT PROPERTIES LTD
SHARE INSTALMENT
Share Code: GRTNIE
ISIN Code: ZAE000129433
The Event
Growthpoint Properties 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 (GRT) Growthpoint
Properties Limited Linked Units at R13.60 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,
23/12/2008.
- The deadline date for the take up of the Nil Paid Letters is Wednesday,
28/01/2009.
- The last day to sell the Nil Paid Letters on the market is Friday 23
January 2009.
The number of holdings will be calculated as follows:
Number of shares on record date: (02/01/2009) x 10/100
Holders Of The GRTNIE Share Instalment Will Be Affected In The Following Way:
- Holders of GRTNIE 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
16 April 2008
Sponsor Nedbank Capital
Date: 23/12/2008 17:20:21 Produced by the JSE SENS Department.
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