INVS - Investec Bank Limited - Announcement to warrant holders of their new
JSE MTNIRRSTXIRTAMSIRRMTNIRQSTXIRR
INVS
INVS - Investec Bank Limited - Announcement to warrant holders of their new
positions of the barrier put securities which expired 25 May 2010
INVESTEC BANK LIMITED
ANNOUNCEMENT TO WARRANT HOLDERS OF THEIR NEW POSITIONS OF THE BARRIER PUT
SECURITIES WHICH EXPIRED 25 MAY 2010
Share Old Position Old New Price Conversion Cash per
Price Position Ratio ratio
(Old: New)
Anglo AMSIRR R302.0 AMSIRS R442.80 1:0.68202 0
Platinum ZAE000138871 0 ZAE0001464
Ltd 94
MTN Group MTNIRQ R88.04 MTNIRR R54.95 1:1.60218 0
Ltd ZAE000138889 ZAE000146486
Satrix STXIRR R10.40 STXIRS R13.85 1:0.75090 0
40 ZAE000138897 ZAE000146478
Investec Bank Limited, as Issuers of the above Barrier Put Securities (REVS),
would like to inform warrant holders who rolled their REVS into the "New" series
of REVS of the positions in which their securities closed out yesterday, Tuesday
25 May 2010 and to inform warrant holders of their new positions.
This has been done on an optimal-ratio basis, with cash distribution equal to
the difference between the intrinsic value inherent to the "Expired" REVS
multiplied by the position held on expiry and "New" REVS 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: 26/05/2010 11:57:02 Produced by the JSE SENS Department.
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