ACMB - Absa Bank - Amendments to terms and conditi
JSE BVTABDIPLABB
ACMB
ACMB - Absa Bank - Amendments to terms and conditions of the call warrants
relating to IPL and BVT
Absa Bank Limited
AMENDMENTS TO THE TERMS AND CONDITIONS OF THE CALL WARRANTS RELATING TO THE
ORDINARY SHARES OF IMPERIAL HOLDINGS LTD AND THE BIDVEST GROUP LTD
Following the announcement by the boards of Imperial Holdings Ltd (IPL) and the
Bidvest Group Ltd (BVT) whereby IPL declared a special dividend of 160c, and BVT
declared a special dividend of 198c, Absa Bank Ltd (the Issuer) will amend the
conditions of the warrants listed below in the following way.
Warrant Type Expiry ISN Previous Adjusted Previous Adjusted
Strike Strike Cover Cover
IPLABB AC 6 June 2007 ZAE000087649 17500 17318 22 21.77
BVTABD AC 6 Aug 2007 ZAE000092540 14500 14300 30 142
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 26 March 2007.
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: 27/03/2007 10:51:29 Produced by the JSE SENS Department.
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