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JSE ACLSBHACLSBUACLSBT
SCIB
SCIB: The Standard Bank of South Africa Limited - Notice Of Adjustment
The Standard Bank of South Africa Limited
NOTICE OF ADJUSTMENT
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF ARCELORMITTAL SA LTD WARRANTS
Following the ARCELORMITTAL SA LTD ("ACL") announcement of the pro rata share
repurchase on the ARCELORMITTAL SA LTD ("ACL") shares, shareholders will be
required to sell 9.995% of their shares in ACL at a price of R87.64 per
share, notice is hereby given to warrantholders of ACL warrants that the
Issuer will amend the terms and conditions of the warrants as indicated
below, to place the warrantholder in the same financial position they were
prior to the capital repayment.
Existing Terms
JSE Code Exercise Conversion Expiry Exercise ISIN CODES
Price Ratio Style
ACLSBH R76.00 45 for 1 08-Sep-09 American ZAE000133229
Call
ACLSBT R72.00 50 for 1 05-Aug-09 European ZAE000131900
Put
ACLSBU R80.00 45 for 1 01-Dec-09 European ZAE000135778
Put
New Terms
JSE Code Exercise Conversion Expiry Exercise ISIN CODES
Price Ratio Style
ACLSBH TBA TBA 08-Sep-09 American ZAE000133229
Call
ACLSBT TBA TBA 05-Aug-09 European ZAE000131900
Put
ACLSBU TBA TBA 01-Dec-09 European ZAE000135778
Put
The JSE Limited Issuer Services Division has approved the adjustment of the
above-mentioned warrants, and the Effective Date of the adjustment will be
22nd June 2009.
This Notice together with the Common Terms Document, Conditions Annexure and
the relevant Supplements record the terms and conditions of the agreement
between the Parties. Any terms used in this Notice which are defined in the
Common Terms Document and Conditions Annexure shall bear the meaning ascribed
to them therein, unless specifically stated otherwise herein. Other than as
set out herein, the terms and conditions set out in the Common Terms
Document, Conditions Annexure and relevant Supplements remain unchanged and
in full force and effect.
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: 19/06/2009 10:15:06 Produced by the JSE SENS Department.
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