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JSE AMSIRS
INVS
AMSIRS - Investec Bank Limited - Expiry Notice of Barrier Put Securities on 14
February 2011
Share Anglo Platinum
Limited
Strike Price R1137.50
Lower Barrier R948.00
Expiry Date 14/02/2011
Cover Ratio 1:1
Call/Put Put
Style European
Issue Size 121,000
JSE Code AMSIRS ZAE000146494
Investec Bank Limited, as Issuers of the above Barrier Put Securities (REVS),
hereby reminds holders of their imminent option expiry on 14 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" REVS they should notify the
Investec Equity Derivatives Desk before 12:00 hours, Monday 7 February 2011.
The "Existing" REVS will expire at full intrinsic value on the respective
expiry date. A cash settlement amount representing the number of REVS held on
that date multiplied by the excess of the Exercise Price (Strike Price) over
the simple average of the Volume Weighted Average Price ("VWAP") of the
Underlying Parcel over the two Business Days following the Expiry Date, will
automatically accrue to the holder.
Should holders not choose either option 1 or 2, Investec will make arrangement
to buy-back the "Existing" REVS and sell the "New" REVS (The "New" REVS, will
be listed on Friday 4 February 2011)) This will be done on an optimal ratio
basis, a cash distribution of any difference between the intrinsic value
inherent to the "Existing" REVS and the "New" REVS 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.investec.com
Sponsor
Investec Securities Limited
Member of the JSE
Registration number. 1972/008905/06)
Date: 31/01/2011 07:42:02 Produced by the JSE SENS Department.
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