Investec Bank Limited - Termination Of Enhanced Di
JSE LGLIDA
INVS
Investec Bank Limited - Termination Of Enhanced Dividend Security - LGLIDA
INVESTEC BANK LIMITED
Termination Of Enhanced Dividend Security - LGLIDA
Share Liberty Group Limited
(ISIN Code ZAE000078390 )
Strike Price R50.00
Stop-Loss Level R67.00
Expiry Date 15/11/2006
Conv. Ratio 1:1
Call/Put Call
Style American
Issue Size 20 Million
JSE Code LGLIDA
Investec Bank Limited, as Issuers of the above LGLIDA, Enhanced Dividend
Security (EDS), would like to advise Holders, that due to the breach of the
Stop-Loss Level on 13 June 2006, LGLIDA has hereby been terminated and
Holders are entitled to receive the Rebate.
The Listing of this Issue has automatically terminated and Holders shall, as
of 13 June 2006, have no claim against the Issuer for delivery of the
Underlying Parcel or to any further dividends in respect of the Underlying
Parcel.
A cash settlement amount representing the number of EDS held on 13 June
2006, multiplied by the excess of the Volume Weighted Average Price ("VWAP")
of the Underlying Parcel over the two Business Days following the
Termination Date, over the Exercise Price (Strike Price) will automatically
accrue to the holders.
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: 14/06/2006 08:56:03 AM Produced by the JSE SENS Department
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