Absa Bank Limited - Proposed amendments to the ter
Absa Bank Limited - Proposed amendments to the terms and conditions of the Call
Warrants relating to the ordinary shares of Aspen Pharmacare
Holdings Limited
Absa Bank Limited
ISIN: ZAE000071171
Code: APNABA
Following the announcement by the board of Aspen Pharmacare Holdings Limited
(APN) whereby Aspen declared a capital distribution out of share premium of 48
cents per share, Absa Bank Ltd (the Issuer) proposes to amend the conditions of
the APNABA warrant in the following way.
Warrant Code Type Cover Ratio Strike Price Expiry
Before adjustment
APNABA AC 7 3200 21-Sep-06
After adjustment
APNABA AC 6.895 3152 21-Sep-06
The effect of the abovementioned adjustment is to place the Warrant holders in
the same position it would have been in had the special dividend not been
declared. This adjustment will be effective from 7 November 2005.
Copies of the Offering Circular may be obtained from:
Absa Bank Ltd
1st Floor, Absa Towers North
180 Commissioner Street
Johannesburg, 2001
Sponsor
Absa Corporate & Merchant Bank - Corporate Finance
A division of Absa Bank Limited
Reg. No. 1986/004794/06"
For further information contact
Absa Warrants
Tel: (011) 221 9083/4/5
e-mail: derivatives@absa.co.za
Date: 15/11/2005 10:57:32 AM Produced by the JSE SENS Department
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
