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INVS - Investec Bank Limited - Announcement to warrant holders of their new

Release Date: 19/01/2011 07:14
Code(s): JSE
Wrap Text

INVS - Investec Bank Limited - Announcement to warrant holders of their new positions of the enhanced dividend securities which expired 14 January 2011 INVESTEC BANK LIMITED ANNOUNCEMENT TO WARRANT HOLDERS OF THEIR NEW POSITIONS OF THE ENHANCED DIVIDEND SECURITIES WHICH EXPIRED 14 JANUARY 2011 Share Old Old Old New Price New Conversio Cash Posi Price Strike Posi Strike n Ratio per tion tion (Old : ratio New) MTN MTNIDH R71.76 R61.50 MTNIDJ R69.39 R71.50 1:1.03415 0 Group ZAE000 ZAE000 Limited 145751 153755 Naspers NPNIDC R231.24 R168.25 NPNIDD R212.32 R205.00 1:1.08911 0 Limited ZAE000 ZAE000 145793 153730 Investec Bank Limited, as Issuers of the above Enhanced Dividend Securities (EDS), would like to inform warrant holders who rolled their EDS into the "New" series of EDS of the positions in which their securities closed out on Friday 14 January 2011 and to inform warrant holders of their new positions. This has been done on an optimal-ratio basis, with cash distribution equal to the difference between the intrinsic value inherent to the "Expired" EDS multiplied by the position held on expiry and "New" EDS multiplied by the new position held. 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.investec.com Sponsor Investec Securities Limited Member of the JSE Registration number. 1972/008905/06) Date: 19/01/2011 07:14:06 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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