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JSE IMPIDGSTXIDCMTNIDFANGIDGAMSIDBBILIDFTKGIDF
INVS
INVS - Investec Bank Limited - Expiry Notice Of Enhanced Dividend Securities On
17 September 2009
INVESTEC BANK LIMITED
EXPIRY NOTICE OF ENHANCED DIVIDEND SECURITIES ON 17 SEPTEMBER 2009
Share Anglo Platinum AngloGold Ashanti BHP Billiton Plc
Limited Limited
Strike R229.76 R134.18 R93.22
Price
Stop-Loss R313.31 R182.97 R127.12
Level
Expiry Date 17/09/2009 17/09/2009 17/09/2009
Cover Ratio 1:1 1:1 1:1
Call/Put Call Call Call
Style American American American
Issue Size 134,000 437,000 1,541,000
JSE Code AMSIDB ANGIDG BILIDF
ISIN Code ZAE000130217 ZAE000130191 ZAE000130233
Share Impala Platinum MTN Group Limited
Holdings Limited
Strike R64.90 R52.61
Price
Stop-Loss R88.50 R71.74
Level
Expiry Date 17/09/2009 17/09/2009
Cover Ratio 1:1 1:1
Call/Put Call Call
Style American American
Issue Size 1,157,000 2,819,000
JSE Code IMPIDG MTNIDF
ISIN Code ZAE000130258 ZAE000130274
Share Satrix40 Telkom SA Limited
Strike R10.51 R20.22
Price
Stop-Loss R14.33 R27.58
Level
Expiry Date 17/09/2009 17/09/2009
Cover Ratio 1:1 1:1
Call/Put Call Call
Style American American
Issue Size 561,000 666,000
JSE Code STXIDC TKGIDF
ISIN Code ZAE000130290 ZAE000130282
Investec Bank Limited, as Issuers of the above Enhanced Dividend Securities
(EDS), hereby reminds holders of their imminent option expiry on 17 September
2009 (see the related securities above).
Holders may choose to exercise and pay the Exercise Price (Strike Price) in
order to receive the
underlying securities on or before 12:00 hours, one business day prior to the
Expiry Date.
Should holders choose to expire the "Existing" EDS they should notify the
Investec Equity Derivatives Desk before 12:00 hours, Friday 11 September 2009.
The "Existing" EDS will expire at full intrinsic value on the respective expiry
date. A cash settlement amount representing the number of EDS held on that date
multiplied by the excess of the simple average of the Volume Weighted Average
Price ("VWAP") of the Underlying Parcel over the two Business Days following the
Expiry Date, over the Exercise Price (Strike Price) will automatically accrue to
the holder.
Should holders not choose either option 1 or 2, Investec will make arrangement
to buy-back the "Existing" EDS and sell the "New" EDS. (The "New" EDS, will be
listed on the 10 September 2009) This will be done on an optimal ratio basis, a
cash distribution of any difference between the intrinsic value inherent to the
"Existing" EDS and the "New" EDS will accrue to the client.
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: 03/09/2009 13:06:03 Produced by the JSE SENS Department.
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