| Mon 5 Mar 2012, 12:16 | | NEWGBP - Absa Bank Limited - NewWave GBP Exchange Traded Notes |
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NEWGBP - Absa Bank Limited - NewWave GBP Exchange Traded Notes
Absa Bank Limited
SHARE CODE: NEWGBP
ISIN: ZAE000162558
RESULTS OF INITIAL OFFER FOR NEWWAVE GBP EXCHANGE TRADED NOTES ("GBP Notes"
or the ETNs")
Further to the announcement published on SENS on 20 February 2012,
applications totalling ZAR 3,080,949.84 were received.
The Initial Issue Price of a GBP Note is ZAR 11.94, determined as the Rand
Equivalent of the Initial Offer Price per GBP Note, calculated on 2 March
2012 using a ZAR/GBP exchange rate of 11.94/1.
Accordingly, 258 036 GBP Notes have been approved for listing by the JSE
Limited ("JSE") on the main board in the JSE`s ETN sub-sector, with effect
from Monday, 12 March 2012.
The conditions to issue have been waived by the Issuer.
Johannesburg
5 March 2012
Originator, issuer agent, corporate advisor and sponsor
Absa Capital
(the investment banking division of Absa Bank Limited, affiliated with
Barclays Capital)
Legal and tax advisors
Edward Nathan Sonnenbergs Inc.
Date: 05/03/2012 12:16:01 Produced by the JSE SENS Department.
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