|
JSE HARIDATNTIDAGFIIDA
INVS
Investec Bank Limited - Expiry Of Enhanced Dividend - 31 March 2006 - EDS
INVESTEC BANK LIMITED - EXPIRY OF ENHANCED DIVIDEND SECURITIES
Share Gold Fields Harmony Gold Tongaat-Hulette
Limited Mining Company Group Limited
(ISIN Code Limited (ISIN Code
ZAE000068615) (ISIN Code ZAE000068631)
ZAE000068623)
Strike Price R35.00 R25.00 R30.00
Stop-Loss Level R52.50 R37.50 R45.00
Expiry Date 31/03/2006 31/03/2006 31/03/2006
Conv. Ratio 1:1 1: 1 1:1
Call/ Put Call Call Call
Style American American American
Issue Size 20 Million 20 Million 20 Million
JSE Code GFIIDA HARIDA TNTIDA
Investec Bank Limited, as Issuers of the above Enhanced Dividend Securities
(EDS), hereby reminds holders of their options relating to the imminent expiries
on 31 March 2006 (see the related securities above).
Holders may choose to exercise and pay the Exercise Price (Strike Price) in
order to receive the underlying securities on or before 5:00 pm on the Expiry
Date.
Holders may indicate to the Investec Equity Derivatives desk that they intend to
roll into the "IDB" series of EDS (in which case Investec will make arrangement
to buy-back the "IDA" and sell the "IDB" at no bid-offer spread margin). In this
case, the desk must be notified telephonically before 12:00 pm on the Expiry
Date. Should this be done on a one-for-one basis, a cash distribution of the
difference between the intrinsic value inherent to the "IDA" and the less
expensive "IDB" will accrue to the client.
Should holders not choose either option 1 or 2 above, the "IDA" EDS will expire
at full intrinsic value on the respective expiry date. A cash settlement amount
representing the number of EDS held on that date multiplied by the excess of the
Volume Weighted Average Price ("VWAP") of the Underlying Parcel over the two
Business Days following the Expiry Date, over the Exercise Price (Strike Price)
will automatically accrue to the holder.
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: 24/03/2006 11:09:10 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
