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REMIHG - Investec Bank Limited - Amendment to Remgro Limited Corporate Action-

Release Date: 15/06/2012 17:15
Code(s): JSE REMIHG
Wrap Text

REMIHG - Investec Bank Limited - Amendment to Remgro Limited Corporate Action- Hot Enhanced Dividend Securities ("HOTEDS") INVESTEC BANK LIMITED JSE SHARE CODE: REMIHG JSE ISIN CODE: ZAE000159372 AMENDMENT TO REMGRO LIMITED CORPORATE ACTION- HOT ENHANCED DIVIDEND SECURITIES ("HOTEDS") Please be advised that paragraph 3 of the announcement made on 11 June 2012 is hereby amended by replacing "21 June 2012" with "Monday, 18th June 2012". For avoidance of doubt, the closing price of IMP on Monday, 18th June will be used to calculate the cash equivalent. As a result of the Remgro Limited ("REM") corporate action announcement made on 31 May 2012, whereby The Board of REM resolved to distribute 26687288 shares in Impala Platinum Holdings Limited ("IMP") to its ordinary shareholders by way of an in-specie special dividend, on 25 June 2012 (Payment Date): REMIHG holders will be entitled to receive 5.16582 IMP shares for every 100 REM shares held on 22 June 2012 (Record Date); with last date to trade being 15 June 2012. In line with this action, Investec Bank Limited, as Calculation Agent of REMIHG, will pay the cash equivalent of 5.16582 IMP shares per 100 REMIHG calculated off the closing price of IMP on Monday, 18th June 2012, to be paid on 25 June 2012 via STRATE. 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.: 0860 103 343 E-mail: warrants@investec.co.za Internet: www.investec.com Sponsor Investec Securities Limited Member of the JSE (Registration number. 1972/008905/06) Date: 15/06/2012 17:15:01 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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