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MNDNIF - Nedbank Limited - Adjustment to the terms and conditions of Nedbank

Release Date: 28/07/2011 15:27
Code(s): JSE MNDNIF
Wrap Text

MNDNIF - Nedbank Limited - Adjustment to the terms and conditions of Nedbank Mondi Limited Share Instalment Share Code: MNDNIF ISIN Code: ZAE000155834 Consolidation: With reference to the Consolidation announcement by MONDI LIMITED, for every 100 MND (ZAE000097051) held ,shareholders will have them replaced by 80.54 NEW MONDI LIMITED SHARES( ZAE000156550) Details Of The Event: reverse stock split ( consolidation) * Last day to trade in order to be eligible for the consolidation is Friday, 29 July 2011. * The first dealing date in the new MND stock will be Monday, 01 August 2011. Holders Of The MNDNIF Share Instalment Will Be Affected In The Following Way: * Due to the consolidation of the Mondi Limited Share Issue, the issue size of MNDNIF share instalment (ZAE000155834) will change from 100,000,000 to 80,540,000 (ZAE000158747) * The trust will buy back 100 MNDNIF (ZAE000155834) at zero cents and replace the holding with 80.54 MNDNIF(ZAE000158747) at zero cents. Standard rounding will apply to the entitlement. For more information contact Nedbank Equity Derivatives on (011) 535 4030. 135 Rivonia Road, Sandton 28 July 2011 Sponsor Nedbank Capital Date: 28/07/2011 15:27:01 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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