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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 Distribution
Security (EDS), advised 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.
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.
The VWAP on, 24 August 2011 = 27030.6 cents
The VWAP on, 25 August 2011 = 27744.1 cents
The simple average of the 2 day VWAP = 27387.35 cents
Holders will receive R75.87 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: 26/08/2011 10:35:31 Produced by the JSE SENS Department.
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