HARIHB - Investec Bank - Notice of barrier for hot enhanced dividend securities
JSE HARIHB
INVS
HARIHB - Investec Bank - Notice of barrier for hot enhanced dividend securities
INVESTEC BANK LIMITED
NOTICE OF BARRIER FOR HOT ENHANCED DIVIDEND SECURITIES - HARIHB
Share Harmony Gold Mining Company Ltd
Strike Price R78.30
Stop-Loss Level R88.74
Expiry Date 31/07/2009
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 70 000
JSE Code HARIHB ZAE000134102
Investec Bank Limited, as Issuers of the above HARIHB, Hot Enhanced Distribution
Security (HOT EDS), would like to advise Holders that due to the breach of the
stop loss level of R88.74, in the Underlying Share, as of close of business
Monday, 6 April 2009 the abovementioned Hot Enhanced Distribution Security (HOT
EDS) has been terminated.
Holders are now entitled to receive the Rebate Payment, represented by the
number of HOT EDS 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 R78.30 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: 06/04/2009 17:39:01 Produced by the JSE SENS Department.
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