|
JSE TKGIHEMSMIHAFSRIHENEDIHAINLIHBFOSIHDSOLIHEBILIHEMTNIHETRUIHAKIOIHBSHPIHABT
INVS
INVS - Investec Bank - Expiry Of Hot Enhanced Dividend Securities 4 January 2009
INVESTEC BANK LIMITED - EXPIRY OF HOT ENHANCED DIVIDEND SECURITIES 4 JANUARY
2009
Share BHP Billiton Plc British American
Tobacco Plc
Strike Price R140.36 R161.18
Stop-Loss Level R159.08 R182.67
Expiry Date 04/01/2010 04/01/2010
Cover Ratio 1:1 1:1
Call/Put Call Call
Style American American
Issue Size 1,500,000 500,000
JSE Code BILIHE ZAE000134029 BTIIHA ZAE000134110
Share Foschini Limited FirstRand Limited
Strike Price R34.31 R9.60
Stop-Loss Level R38.89 R10.88
Expiry Date 04/01/2010 04/01/2010
Cover Ratio 1:1 1:1
Call/Put Call Call
Style American American
Issue Size 300,000 6,000,000
JSE Code FOSIHD ZAE000134003 FSRIHE ZAE000134078
Share Investec Limited Kumba Iron Ore
Limited
Strike Price R29.81 R129.45
Stop-Loss Level R33.79 R146.71
Expiry Date 04/01/2010 04/01/2010
Cover Ratio 1:1 1:1
Call/Put Call Call
Style American American
Issue Size 425,000 125,000
JSE Code INLIHB ZAE000134094 KIOIHB ZAE000134128
Massmart Holdings MTN Group Limited
Share Limited
Strike Price R54.02 R81.90
Stop-Loss Level R61.22 R92.82
Expiry Date 04/01/2010 04/01/2010
Cover Ratio 1:1 1:1
Call/Put Call Call
Style American American
Issue Size 300,000 2,500,000
JSE Code MSMIHA ZAE000134060 MTNIHE ZAE000134037
Share Nedbank Group Limited Shoprite Holdings
Limited
Strike Price R63.38 R38.41
Stop-Loss Level R71.83 R43.53
Expiry Date 04/01/2010 04/01/2010
Cover Ratio 1:1 1:1
Call/Put Call Call
Style American American
Issue Size 350,000 600,000
JSE Code NEDIHA ZAE000134086 SHPIHA ZAE000134144
Share Sasol Limited Telkom SA Limited
Strike Price R206.00 R27.64
Stop-Loss Level R233.46 R31.32
Expiry Date 04/01/2010 04/01/2010
Cover Ratio 1:1 1:1
Call/Put Call Call
Style American American
Issue Size 750,000 500,000
JSE Code SOLIHE ZAE000134011 TKGIHE ZAE000134045
Share Truworths
International Limited
Strike Price R24.00
Stop-Loss Level R27.20
Expiry Date 04/01/2010
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 750,000
JSE Code TRUIHA ZAE000134136
Investec Bank Limited, as Issuers of the above Hot Enhanced Dividend Securities
(HOT EDS), hereby reminds holders of their imminent option expiry on 4 January
2010 (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" Hot EDS they should notify the
Investec Equity Derivatives Desk before 12:00 hours, Monday 28 December 2009.
The "Existing" Hot EDS will expire at full intrinsic value on the respective
expiry date. A cash settlement amount representing the number of Hot 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" Hot EDS and sell the "New" Hot EDS. (The "New" Hot
EDS, will be listed on the 23 December 2009) This will be done on an optimal
ratio basis, a cash distribution of any difference between the intrinsic value
inherent to the "Existing" Hot EDS and the "New" Hot 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: 18/12/2009 08:37:02 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 ] | |||||||||||||
|
|||||||||||||
