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RMHNIG - Nedbank - Adjustment to the terms and conditions of Nedbank Rand

Release Date: 04/03/2011 17:07
Code(s): JSE RMHNIG
Wrap Text

RMHNIG - Nedbank - Adjustment to the terms and conditions of Nedbank Rand Merchant Bank Limited share instalment ADJUSTMENT TO THE TERMS AND CONDITIONS OF NEDBANK RAND MERCHANT BANK LIMITED SHARE INSTALMENT Share Code: RMHNIG ISIN Code: ZAE000151205 The RMH unbundling With reference to the recent unbundling announcement by Rand Merchant Bank Holdings, the shareholders will receive 1 RMI Holdings Limited share for every 1 Rand Merchant Bank Holdings shares held. Details Of The Event: Last day to trade in order to be eligible for the unbundling is Friday, 04 March 2011. The first dealing date in RMI Holdings Limited shares will be Monday, 7 March 2011. Holders Of The RMHNIG Share Instalment Will Be Affected In The Following Way: For every 1 RMHNIG share instalment held, holders will receive 1 RMI Holdings Limited share (ZAE000153102). Payment date for this adjustment will be Monday, 14 March 2011 For more information contact Nedbank Equity Derivatives on (011) 535 4030. 135 Rivonia Road, Sandton 04 March 2011 Sponsor Nedbank Capital Regards Justin Naidoo Equity Capital Markets Date: 04/03/2011 17:07:02 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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