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JSE SABIDI
INVS
SABIDI - Investec Bank Limited - Expiry of enhanced dividend securities
04 February 2011
INVESTEC BANK LIMITED
EXPIRY OF ENHANCED DIVIDEND SECURITIES 04 FEBRUARY 2011
Share SABMiller Plc
Strike Price R125.75
Stop-Loss Level R171.25
Expiry Date 04/02/2011
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 480000
JSE Code SABIDI ZAE000146528
Investec Bank Limited, as Issuers of the above Enhanced Dividend Securities
(EDS), hereby reminds holders of their imminent option expiry on 04 February
2011 (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" EDS they should notify the
Investec Equity Derivatives Desk before 12:00 hours, Friday 28 January 2011.
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.
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.investec.com
Sponsor
Investec Securities Limited
Member of the JSE
Registration number. 1972/008905/06)
Date: 21/01/2011 09:11:18 Produced by the JSE SENS Department.
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