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JSE DTCIDI
INVS
DTCIDI - Investec Bank Limited - Expiry of enhanced dividend securities 26
August 2011
INVESTEC BANK LIMITED - EXPIRY OF ENHANCED DIVIDEND SECURITIES 26 AUGUST 2011
Share Datatec Limited
Strike Price R18.00
Stop-Loss Level R25.00
Expiry Date 26/08/2011
Cover Ratio 1:1
Call/Put Call
Style American
Issue Size 140,000
JSE Code DTCIDI ZAE000152393
Investec Bank Limited, as Issuers of the above Enhanced Dividend Securities
(EDS), notified holders of their option expiry which occurred on 26 August
2011 (see the related securities above).
Holders who chose to expire the "Existing" EDS will receive the full intrinsic
value thereof. A cash settlement amount representing the number of EDS held on
the expiry date multiplied by the excess of the simple average of the Volume
Weighted Average Price ("VWAP") of the Underlying Parcel over the two Business
Days following the Expiry Date, over the Exercise Price (Strike Price) will
automatically accrue to the holder via instruction through STRATE.
The VWAP on 29 August 2011 = 3759.4 cents
The VWAP on 30 August 2011 = 3797.84 cents
The simple average of the 2 day VWAP = 3778.62 cents
Holders will receive R19.79 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.investec.com
Sponsor
Investec Securities Limited
Member of the JSE
Registration number. 1972/008905/06)
Date: 31/08/2011 13:30:08 Produced by the JSE SENS Department.
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