|
JSE IPLSTCMPCSTBIPLSTDLEWSTCMPCSTCLEWSTB
SCIB
SCIB: The Standard Bank of South Africa - Notice Of Rollover Ratios Of Standard
Bank Share Instalments
Further to the notice of expiry issued on 5th Feb 2009, the following share
instalments automatically rolled on 12th Feb 2009 and the Ratios of the roll are
as follows:
Warrant Stock ISIN Code ROLL Ratio
Code
New
Instalment New ISIN
Code Code
IPLSTC IMPERIAL ZAE000113908 0.438
HOLDINGS
LIMITED IPLSTD ZAE000132106
LEWSTB LEWIS ZAE000113932 0.613
GROUP
LIMITED LEWSTC ZAE000132114
MPCSTB MR PRICE ZAE000113940 1.068
GROUP
LIMITED MPCSTC ZAE000132122
Rollover Formula:
Number of new Share Instalments =
(Cash Settlement Amount / Price of new Share Instalment on the Expiration
Date)*Number of existing Share Instalments
Where:
Cash Settlement Amount = (the closing price of the Underlying Parcel on
Expiration Date - the Exercise Price of the expiring Share Instalment - any
other fees and expenses the Warrantholder is liable for in terms of the
Conditions);
Price of new Share Instalment = closing price of the new Share Instalment on
the Expiration Date of the old Share Instalment determined by the Issuer as per
the matrix offer price based off the closing price of the Underlying Security.
Note - This may differ from the closing price of the new Share Instalment on the
JSE as this level is set before the official close of the market at 5.00 p.m.
Please note:
Any fractional amounts will be rounded down and settled in cash, with the cash
amount paid into the Warrantholders account.
The new Share Instalments will take around 5 Business Days from the Expiration
Date of the old series to be delivered into the Warrantholders account.
Warrantholders should ensure that their holdings are registered
prior to the Expiration Date as only registered Warrantholders
will be entitled to the rollover. Share Instalments will be
exercisable in accordance with the terms and conditions set out
in the Common Terms Document, relevant Conditions Annexure/s
and/or Supplements. All Share Instalments will be settled via
STRATE. Please note that the Share Instalments that do not
rollover will be settled in accordance with the provisions set
out in the relevant Conditions Annexure/s and/or Supplements.
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: 13/02/2009 13:43:03 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
