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JSE GRTSIFGRTSIE
SCIB
SCIB : Standard Bank - Notice of rollover ratios of Standard Bank share
instalments
NOTICE OF ROLLOVER RATIOS OF STANDARD BANK SHARE INSTALMENTS
The following share instalments automatically rolled on 25th November2009 and
the Ratios of the roll are as follows:
Instalment Stock ISIN Code New Instalment Code New ISIN Ratio
Code Code
GRTSIE GROWTHPOINT ZAE000129235 GRTSIF ZAE000142139 0.939
PROP LTD
Rollover Formula:
Number of new Share Instalments =
(Cash Settlement Amount / Price of new Share Instalment on the Expiration
Date)*Number of existing Share Instalments
Where:
* Cash Settlement Amount = (the closing price of the Underlying Parcel
on Expiration Date - the Exercise Price of the expiring Share
Instalment - any other fees and expenses the Warrantholder is liable
for in terms of the Conditions);
* Price of new Share Instalment = closing price of the new Share
Instalment on the Expiration Date of the old Share Instalment
determined by the Issuer as per the matrix offer price based off the
closing price of the Underlying Security. Note - This may differ from
the closing price of the new Share Instalment on the JSE as this level
is set before the official close of the market at 5.00 p.m.
Please note:
1 Any fractional amounts will be rounded down and settled in cash, with
the cash amount paid into the Warrantholders account.
2 The new Share Instalments will take around 5 Business Days from the
Expiration Date of the old series to be delivered into the
Warrantholders account.
Warrantholders should ensure that their holdings are registered prior to the
Expiration Date as only registered Warrantholders will be entitled to the
rollover. Share Instalments will be exercisable in accordance with the
terms and conditions set out in the Common Terms Document, relevant
Conditions Annexure/s and/or Supplements. All Share Instalments will be
settled via STRATE. Please note that the Share Instalments that do not
rollover will be settled in accordance with the provisions set out in the
relevant Conditions Annexure/s and/or Supplements.
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: 02/12/2009 12:17:03 Produced by the JSE SENS Department.
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