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JSE RDFIDDGRTIDDFSRIDFSABIDFIPLIDDGFIIDHREMIDDRDFIDE
INVS
INVS - Investec Bank Limited - Expiry Of Enhanced Dividend Securities 4
February 2010
INVESTEC BANK LIMITED
EXPIRY OF ENHANCED DIVIDEND SECURITIES 4 FEBRUARY 2010
Share FirstRand Ltd
Strike Price R7.48
Stop-Loss Level R10.20
Expiry Date 04/02/2010
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 5,750,000
JSE Code FSRIDF ZAE000135224
Share Gold Fields Ltd Growthpoint
Properties Ltd
Strike Price R54.73 R7.73
Stop-Loss Level R74.63 R10.54
Expiry Date 04/02/2010 04/02/2010
Cover Ratio 1:1 1:1
Call/Put Call Call
Style American American
Issue Size 950,000 1,000,000
JSE Code GFIIDH ZAE000135265 GRTIDD ZAE000135232
Share Imperial Holdings Ltd Redefine Income Fund
Ltd
Strike Price R30.57 R3.83
Stop-Loss Level R41.69 R5.22
Expiry Date 04/02/2010 04/02/2010
Cover Ratio 1:1 1:1
Call/Put Call Call
Style American American
Issue Size 350,000 500,000
JSE Code IPLIDD ZAE000135273 RDFIDD ZAE000135240
Share Redefine Income Fund Remgro Ltd
Ltd
Strike Price R3.92 R40.65
Stop-Loss Level R5.35 R55.43
Expiry Date 04/02/2010 04/02/2010
Cover Ratio 1:1 1:1
Call/Put Call Call
Style American American
Issue Size 644,000 400,000
JSE Code RDFIDE ZAE000138624 REMIDF ZAE000135257
Share SABMiller Plc
Strike Price R86.08
Stop-Loss Level R117.38
Expiry Date 04/02/2010
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 550,000
JSE Code SABIDF ZAE000135281
Investec Bank Limited, as Issuers of the above Enhanced Dividend Securities
(EDS), hereby reminds holders of their imminent option expiry on 4 February
2010 (see the related securities above).
1. 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.
2. Should holders choose to expire the "Existing" EDS they should notify the
Investec Equity Derivatives Desk before 12:00 hours, Friday 29 January
2010. 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.
3. 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 27 January 2010) 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: 22/01/2010 09:36:02 Produced by the JSE SENS Department.
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