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JSE SOLIDF
INVS
SOLIDF - Investec Bank Limited - Expiry Notice Of Enhanced Dividend
Securities On 09 October 2009
INVESTEC BANK LIMITED - EXPIRY NOTICE OF ENHANCED DIVIDEND SECURITIES ON 09
OCTOBER 2009
Share Sasol Limited
Strike R143.00
Price
Stop-Loss R195.00
Level
Expiry Date 09/10/2009
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 700,000
JSE Code SOLIDF
ISIN Code ZAE000127932
Investec Bank Limited, as Issuers of the above Enhanced Dividend Securities
(EDS), hereby reminds holders of their imminent option expiry on 09 October
2009 (see the related securities above).
1. Holders may choose to exercise and pay the Exercise Price (Strike
Price) in order to receive the
2. underlying securities on or before 12:00 hours, one business day prior
to the Expiry Date.
3. Should holders choose to expire the "Existing" EDS they should notify
the Investec Equity Derivatives Desk before 12:00 hours, Friday 2
October 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 5 October 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: 28/09/2009 12:00:04 Produced by the JSE SENS Department.
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