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The Standard Bank of South Africa Limited - Correction To Adjustments To The

Release Date: 05/09/2005 12:57
Code(s): SBK KMBSBA
Wrap Text

The Standard Bank of South Africa Limited - Correction To Adjustments To The Terms And Conditions Of The Standard Bank Kumba Resources Limited Warrant The Standard Bank of South Africa Limited CORRECTION TO ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE STANDARD BANK KUMBA RESOURCES LIMITED WARRANT Prior Terms ISIN JSE Code Exercise Conversion Expiry Exercise Style Price Ratio
ZAE000069662 KMBSBA 66.00 20for1 05Jan06 American Call Following the Kumba Resources Limited ("KMB") announcement of a 220c special dividend of KMB , the Issuer will amend the Terms and Conditions in the following way to ensure that the financial position of the warrant holder is unprejudiced. After the adjustment, a holder of 1 KMBSBA Call Warrant will have the right to purchase 0.0514 KMB shares at an Exercise Price of R64.20, a total cash outlay of R3.30 per warrant. New Terms ISIN JSE Code Exercise Conversion Expiry Exercise Style Price Ratio
ZAE000069662 KMBSBA R64.20 19.45for1 05Jan06 American Call The JSE Limited (JSE) Issuer Services Division has approved the adjustment of the above-mentioned warrants, and the adjustments will be effective from Monday, 5 September 2005. Date: 05/09/2005 12:57:43 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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