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INVESTEC BANK LIMITED - New Postions on Expired HotEDS

Release Date: 28/08/2012 10:32
Code(s): AGLIHJ REMIHG     PDF:  
Wrap Text
New Postions on Expired HotEDS

INVESTEC BANK LIMITED – ANNOUNCEMENT TO WARRANT HOLDERS OF THEIR NEW POSITIONS OF
THE HOT ENHANCED DIVIDEND SECURITIES WHICH EXPIRED 27 AUGUST 2012


     Share            Old Position     Old Price         Old     New Position    Price        New        Conversion    Cash per
                                                        Strike                               Strike         Ratio        ratio
                                                                                                         (Old : New)
Anglo American         AGLIHJ           R43.20      R208.00         AGLIHK       R81.89     R185.00       1:0.52754       0
plc                 ZAE000159356                                 ZAE000170379


                      REMIHG            R65.95      R79.00         REMIHH        R44.43     R109.00       1:1.48436       0
Remgro Limited      ZAE000159372                                 ZAE000170387




Investec Bank Limited, as Issuers of the above Hot Enhanced Dividend Securities (Hot EDS), would like to inform
warrant holders who rolled their Hot EDS into the “New” series of Hot EDS of the positions in which their securities
closed out on Monday, 27 August 2012 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” Hot EDS multiplied by the position held on expiry and “New” Hot 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: 28/08/2012 10:32:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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