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NEWBCI - Absa Bank Limited - Newwave Commodity Index exchange traded notes

Release Date: 04/06/2012 16:36
Code(s): JSE
Wrap Text

NEWBCI - Absa Bank Limited - Newwave Commodity Index exchange traded notes over the Barclays Capital Commodity Index pure beta total return ("Commodity Index Notes" or the "ETNs") ABBREVIATED NAME: NEWWINDEX SHARE CODE: NEWBCI ISIN: ZAE000163713 Further to the announcement published on SENS on 7 May 2012, applications totalling ZAR 4,172,356.39 were received. The Initial Issue Price of a Commodity Index Note is ZAR 4090.55, determined as the Rand equivalent of the Initial Offer Price per Commodity Index Note, determined and calculated on 1 June 2012 using the ZAR/USD exchange rate of 8.5873/1. Accordingly, 1,020 Commodity Index Notes have been approved for listing by the JSE Limited ("JSE") on the main board in the JSE`s ETN sub-sector, with effect from Monday, 11 June 2012. Johannesburg 4 June 2012 Originator, issuer agent, corporate advisor and sponsor Absa Capital (the investment banking division of Absa Bank Limited, affiliated with Barclays) Legal and tax advisors Edward Nathan Sonnenbergs Inc. Date: 04/06/2012 16:36:01 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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