INVS - Investec Bank Limited - Announcement to warrant holders of their new
JSE
INVS
INVS - Investec Bank Limited - Announcement to warrant holders of their new
positions of the enhanced dividend securities which expired 14 February 2011
INVESTEC BANK LIMITED - ANNOUNCEMENT TO WARRANT HOLDERS OF THEIR NEW POSITIONS
OF THE ENHANCED DIVIDEND SECURITIES WHICH EXPIRED 14 FEBRUARY 2011
Share Old Old Old New Price New Conversi Cash per
Position Price Strike Position Strike on Ratio ratio
(Old :
New)
MTN MTNIDI R69.10 R58.00 MTNIDJ R62.5 R71.50 1:1.1056 0
Group ZAE00014 ZAE00015 0 0
Limited 6825 3755
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 Monday 14
February 2011 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" 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.investec.com
Sponsor
Investec Securities Limited
Member of the JSE
Registration number. 1972/008905/06)
Date: 15/02/2011 11:50:02 Produced by the JSE SENS Department.
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