IMPIRP - Investec Bank - Notice of barrier for the barrier put warrant
JSE IMPIRP
INVS
IMPIRP - Investec Bank - Notice of barrier for the barrier put warrant
INVESTEC BANK LIMITED
NOTICE OF BARRIER FOR THE BARRIER PUT WARRANT (REVS) - IMPIRP
Share Impala Platinum
Holdings Limited
Strike Price R199.50
Stop-Loss Level R166.25
Expiry Date 17/09/2009
Cover Ratio 1:1
Call/Put Put
Style European
Issue Size 1164 000
JSE Code IMPIRP ZAE000131181
Investec Bank Limited, as Issuers of the above IMPIRP, Barrier Put Warrants
(REVS), would like to advise Holders that due to the breach of the stop loss
level of R166.25 in the Underlying Share, as of close of business Monday, 23
March 2009 the abovementioned Barrier Put Warrant (REVS) has been terminated.
Holders are now entitled to receive the Rebate Payment, represented by the
number of REVS held on the termination date, multiplied by the excess of the
simple average of the Volume Weighted Average Price ("VWAP") of the
Underlying Share over the two Business Days following the Termination Date
over the Exercise Price (Strike Price) of R199.50. This amount will
automatically accrue to holders via instruction through STRATE.
Copies of the offering circular may be obtained from:
Investec Bank Limited
100 Grayston Drive
Sandown
Sandton
2196
For further information contact:
Investec Warrants
Tel.: 011 286-4672
E-mail: warrants@investec.co.za
Internet: www.investecwarrants.com
Sponsor
Investec Securities Limited
Member of the JSE
(Registration number. 1972/008905/06)
Date: 24/03/2009 07:05:05 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
