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JSE HARIHB
INVS
HARIHB - Investec Bank - Rebate payment for hot enhanced dividend securities
Investec Bank
Rebate payment 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), advised 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.
The Rebate Payment, represents 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.
The VWAP 7 April 2009= 7674.41cents
The VWAP on 8 April 2009 = 8735.24cents
The simple average of the 2 day VWAP = 8204.825cents
Rebate payment of 374.825 cents
Holders will receive R3.74825 for every warrant held
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: 09/04/2009 11:11:02 Produced by the JSE SENS Department.
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