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JSE AGLIHI
INVS
AGLIHI - Investec Bank Limited - Notice of barrier for hot enhanced
dividend securities - AGLIHI
Share Anglo American Plc
Strike Price R245.00
Stop-Loss Level R277.00
Expiry Date 25/07/2012
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 1200000
JSE Code AGLIHI ZAE000158374
Investec Bank Limited, as Issuers of the above AGLIHI, Hot Enhanced
Distribution Security (HOT EDS), advised Holders that due to the breach of
the stop loss level of R277.00 in the Underlying Share, as of close of
business Monday, 8 August 2011 the abovementioned Hot Enhanced Distribution
Security (HOT EDS) has been terminated.
The Rebate Payment, represented by the number of HOT EDS held on the
termination date, multiplied by the excess of the simple average of the
Volume Weighted Average Price ("VWAP") of the Underlying Share over the two
Business Days following the Termination Date over the Exercise Price
(Strike Price) of R245.00 This amount will automatically accrue to holders
via instruction through STRATE.
The VWAP on, 10 August 2011 = 27943.1 cents
The VWAP on, 11 August 2011 = 27560.1 cents
The simple average of the 2 day VWAP = 27751.6 cents
Holders will receive R32.52 for every warrant 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: 12/08/2011 11:36:24 Produced by the JSE SENS Department.
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