AGLIDK - Investec Bank Limited - Notice of barrier for enhanced dividend
JSE AGLIDK
INVS
AGLIDK - Investec Bank Limited - Notice of barrier for enhanced dividend
securities - AGLIDK
Share Anglo American PLC
Strike Price R198.00
Stop-Loss Level R270.00
Expiry Date 08/02/2012
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 1300000
JSE Code AGLIDK ZAE000154076
Investec Bank Limited, as Issuers of the above AGLIDK, Enhanced Dividend
Security (EDS), would like to advise Holders that due to the breach of the stop
loss level of R270.00 in the Underlying Share, as of close of business Tuesday,
23 August 2011 the abovementioned Enhanced Distribution Security (EDS) has been
terminated.
Holders are now entitled to receive the Rebate Payment, represented by the
number of 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 R198.00. This amount will automatically accrue
to holders via instruction through STRATE.
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.co.za
Sponsor
Investec Securities Limited
Member of the JSE
Registration number. 1972/008905/06)
Date: 24/08/2011 07:07:14 Produced by the JSE SENS Department.
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