|
JSE ASASTDFSRSTDFSRSIDASASID
SCIB
SCIB - Standard Bank of South Africa Limited - Notice Of Rollover Ratios Of
Standard Bank Share Instalments
Standard Bank of South Africa Limited
NOTICE OF ROLLOVER RATIOS OF STANDARD BANK SHARE INSTALMENTS
Further to the notice of expiry issued on 12th March 2009, the following share
instalments automatically rolled on 19th March 2009 and the Ratios of the roll
are as follows:
Warrant Stock ISIN Code New New ISIN Code Roll
Code Instalment Ratio
Code
ASASID ABSA GROUP ZAE000117495 ASASTD ZAE000133104 0.943
LIMITED
FSRSID FIRSTRAND ZAE000117099 FSRSTD ZAE000133112 0.687
LIMITED
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: 20/03/2009 11:46:03 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 ] | |||||||||||||
|
|||||||||||||
