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INVESTEC BANK LIMITED - Expired- RMHIDE

Release Date: 30/08/2012 09:41
Code(s): RMHIDE     PDF:  
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Expired- RMHIDE

INVESTEC BANK LIMITED - EXPIRY OF ENHANCED DIVIDEND SECURITIES 27 AUGUST 2012



Share                              RMB Holdings Limited



Strike Price                       R13.00
Stop-Loss Level                    R18.00
Expiry Date                        27/08/2012
Cover Ratio                        1:1

Call/Put                           Call
Style                              American
Issue Size                         725,000
JSE Code                           RMHIDE ZAE000159380


Investec Bank Limited, as Issuers of the above Enhanced Dividend Securities (EDS), notified holders of their option
expiry which occurred on 27 August 2012 (see the related securities above).

Holders who chose to expire the “Existing” EDS will receive the full intrinsic value thereof. A cash settlement amount
representing the number of EDS held on the expiry date multiplied by the excess of the simple average of the Volume
Weighted Average Price (“VWAP”) of the Underlying Parcel over the two Business Days following the Expiry Date,
over the Exercise Price (Strike Price) will automatically accrue to the holder via instruction through STRATE.

The VWAP on 28 August 2012 = 3750.03 cents
The VWAP on 29 August 2012 = 3719.2 cents
The simple average of the 2 day VWAP = 3734.62 cents

Holders will receive R24.35 for every warrant 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: 30/08/2012 09:41:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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