| Thu 7 Jul 2011, 17:36 | | ESPIBQ - Investec Bank Limited - Adjustment to the terms and conditions of |
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JSE ESPIBQ
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ESPIBQ - Investec Bank Limited - Adjustment to the terms and conditions of
ESPIBQ- ZAE000153276
INVESTEC BANK LIMITED
ADJUSTMENT TO THE TERMS AND CONDITIONS OF ESPIBQ- ZAE000153276
Investec Equity Structured Products
As a result of the demerger of Mpact Limited (previously Mondi Packaging South
Africa Limited)("MPT") by Mondi Limited to the ordinary shareholders of Mondi
Limited ("MND") corporate action ("the Demerger"), the conversion of Mondi
Limited ordinary shares and Mondi Limited Special converting shares with a par
value of R0.20 per share to shares of no par value ("the Conversion") and the
consolidation of the Mondi Limited Ordinary Shares ("the Consolidation") as set
out in set out in their announcement made on the 31 May 2011, MND will:
1 unbundle the MPT ordinary shares to be listed on 11 July 2011 to
shareholders in the ratio of 1 MPT share for every 1 MND ordinary share
held on the Demerger record date, 15 July 2011; and
2 replace the existing Mondi Limited ordinary shares with new Mondi Limited
ordinary shares to be listed on 1 August 2011, with new ISIN code
ZAE000156550 and same JSE code ("New MND"), at the Consolidation Ratio to
be announced on 22 July 2011.
The "Holder Underlying Securities" per Specified Amount of ESPIBQ, and the
Annexures to the 16th Supplement, will therefore be adjusted accordingly to
incorporate the unbundled MPT ordinary shares, effective from Monday, 18 July
2011 and the New MND shares, effective from Monday 8 August 2011.
Save as set out herein, the Holders rights are not affected by the Demerger,
Conversion or Consolidation.
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.: 0860 103 343
E-mail: warrants@investec.co.za
Internet: www.investec.com
Sponsor
Investec Securities Limited
Member of the JSE
(Registration number. 1972/008905/06)
Date: 07/07/2011 17:36:02 Produced by the JSE SENS Department.
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