INVS - Investec Bank Limited - Announcement TO Warrant Holders of their New
JSE BILIRTBILIRS
INVS
INVS - Investec Bank Limited - Announcement TO Warrant Holders of their New
Positions of the Barrier Put Securities which expired 13 January 2012
INVESTEC BANK LIMITED - ANNOUNCEMENT TO WARRANT HOLDERS OF THEIR NEW POSITIONS
OF THE BARRIER PUT SECURITIES WHICH EXPIRED 13 JANUARY 2012
Share BHP Billiton Plc
Old Position BILIRS ZAE000153722
Old Price R137.80
Old Strike R393.00
New Position BILIRT ZAE000163275
Price R114.63
New Strike R354.00
Conversion Ratio 1:1.20213
(Old : New)
Cash per ratio 0
Investec Bank Limited, as Issuers of the above Barrier Put Securities (REVS),
would like to inform warrant holders who rolled their REVS into the "New" series
of REVS of the positions in which their securities closed out on Friday, 13
January 2012 and to inform warrant holders of their new positions.
This has been done on an optimal-ratio basis, with cash distribution equal to
the difference between the intrinsic value inherent to the "Expired" REVS
multiplied by the position held on expiry and "New" REVS multiplied by the new
position 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: 16/01/2012 12:14:01 Produced by the JSE SENS Department.
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