STANDARD BANK OF SOUTH AFRICA LD - SCIB: The Standard Bank of South Africa Limited - Adjustments to the Terms of the Barclays Africa Group LTD Warrants
ASASBJ ASASBT BGASBA BGASBP 201311150053A
SCIB: The Standard Bank of South Africa Limited - Adjustments to the Terms of the Barclays Africa Group LTD Warrants
The Standard Bank of South Africa Limited
2013/11/15
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD
BANK BARCLAYS AFRICA GROUP LTD WARRANTS
Following the Barclays Africa Group Ltd (“BGA”) announcement of a special
dividend of 708c.
Following this announcement, notice is hereby given that the terms of the BGA
warrants will be adjusted to place the warrant holders in the same financial position
they were prior to the rights offer ex-date. The terms of the warrants shall be
determined at the close of business on 15th November 2013.
The following warrants will be affected by this corporate action:
Existing Terms
JSE Exercise Conversion
ISIN Expiry Exercise Style
Code Price Ratio
ZAE000178414 ASASBJ R 160.00 40 07-Jan-14 American Call
ZAE000178422 ASASBT R 140.00 35 07-Jan-14 European Put
ZAE000181988 BGASBA R 150.00 40 04-Mar-14 American Call
ZAE000185468 BGASBP R 165.00 70 07-May-14 European Put
New Terms
JSE Exercise Conversion
ISIN Expiry Exercise Style
Code Price Ratio
ZAE000178414 ASASBJ TBA TBA 07-Jan-14 American Call
TBA TBA
ZAE000178422 ASASBT 07-Jan-14 European Put
TBA TBA
ZAE000181988 BGASBA 04-Mar-14 American Call
TBA TBA
ZAE000185468 BGASBP 07-May-14 European Put
The last day to trade before this adjustment is made will be 15th November 2013. The
Effective Date of the adjustment shall be 18th November 2013.
The JSE Limited (JSE) Issuer Services Division has approved the adjustment of the
above-mentioned warrants.
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: 15/11/2013 01:52:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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