Not logged in
  Home   Markets   Shares   Funds   Portfolio   Toolbox   Charting   Alerts   Directory   
 Admin   

Fri 19 Jun 2009, 10:15 SCIB: The Standard Bank of South Africa Limited - Notice Of Adjustment
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.                  
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  ]
  


Powered by ProfileData

Profile Mobile App Google Play Store Apple App Store


Follow us on: