INVS - Investec Bank Limited - Announcement to warrant holders of their new
JSE NPNIDCNPNIDB
INVS
INVS - Investec Bank Limited - Announcement to warrant holders of their new
positions of the enhanced dividend securities which expired 23 April 2010
INVESTEC BANK LIMITED
ANNOUNCEMENT TO WARRANT HOLDERS OF THEIR NEW POSITIONS OF THE ENHANCED DIVIDEND
SECURITIES WHICH EXPIRED 23 APRIL 2010
Share Old Position Old New Position Price Conversion Cash
Price Ratio per
(Old : New) ratio
Naspers NPNIDB R177.00 NPNIDC R157.33 1:1.1250238 0
Limited ZAE000138293 ZAE000145793
Investec Bank Limited, as Issuers of the above Enhanced Dividend Securities
(EDS), would like to inform warrant holders who rolled their EDS into the "New"
series of EDS of the positions in which their securities closed out on Friday 23
April 2010 and to inform warrant holders of their new positions.
This has been done on an optimal-ratio basis, with a cash distribution equal to
the difference between the intrinsic value inherent to the "Expired" EDS
multiplied by the position held on expiry and "New" EDS multiplied by the new
position held.
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: 26/04/2010 11:47:01 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
