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JSE RDFSIGRDFSTB
SCIB
SCIB - The Standard Bank of South Africa Limited - Adjustments to the terms
and conditions of the Standard Bank Redefine Properties Limited share
instalments
The Standard Bank of South Africa Limited
Adjustments to the terms and conditions of the Standard Bank Redefine
Properties Limited share instalments
Following the Redefine Properties Limited ("RDF") announcement on the
distribution of shares and debentures in Arrowhead Properties to Redefine
linked unitholders, RDF share holders will receive 1 Arrowhead "A" linked
unit and 1 Arrowhead "B" linked unit for every 31.70889 Redefine Properties
Limited ("RDF") shares held.
Following this announcement, notice is hereby given that the holders of
RDFSTB and RDFSIG share instalments will not receive any shares but the
value of the AWA and AWB shares will be used to reduce the Exercise Price
of the Share Instalments to place the share instalment holders in the same
financial position they were prior to the unbundling ex-date.
The following share instalments will be affected by this corporate action:
Existing Terms
ISIN JSE Exercise Conversion Expiry Exercise
Code Price Ratio Style
ZAE000161683 RDFSTB R6.00 1:1 07-Nov-12 American
Call
ZAE000158606 RDFSIG R4.10 1:1 05-Sep-12 American
Call
New Terms
ISIN JSE Exercise Conversion Expiry Exercise
Code Price Ratio Style
ZAE000161683 RDFSTB TBA 1:1 07-Nov-12 American
Call
ZAE000158606 RDFSIG TBA 1:1 05-Sep-12 American
Call
The Effective Date of the adjustment shall be 9th December 2011.
The JSE Limited (JSE) Issuer Services Division has approved the adjustment
of the above-mentioned share instalments.
This Notice together with the Common Terms Document and Conditions Annexure
record the terms and conditions of the agreement between the Parties. Any
terms used in this Notice which are defined in the Common Terms Document,
Conditions Annexure and the relevant Supplements shall bear the meaning
ascribed to them therein, unless specifically stated otherwise herein.
Other than as set out herein, the terms and conditions set out in the
Common Terms Document, Conditions Annexure and relevant Supplements remain
unchanged and in full force and effect.
Please note that Share Instalments are subject to selling restrictions and
prospective purchases are referred to the relevant Conditions Annexure for
details of such restrictions.
Date: 02/12/2011 16:36:08 Produced by the JSE SENS Department.
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