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INVESTEC BANK LIMITED - Breached Barrier- KIOIHA

Release Date: 06/09/2012 09:12
Code(s): KIOIHA     PDF:  
Wrap Text
Breached Barrier- KIOIHA

INVESTEC BANK LIMITED – NOTICE OF BARRIER FOR HOT ENHANCED DIVIDEND SECURITIES – KIOIHA


Share                              Kumba Iron Ore Limited



Strike Price                       R411.00
Stop-Loss Level                    R466.00
Expiry Date                        25/07/2013
Cover Ratio                        1:1

Call/Put                           Call
Style                              American
Issue Size                         190,000
JSE Code                           KIOIHA ZAE000169454



Investec Bank Limited, as Issuers of the above KIOIHA, Hot Enhanced Distribution Security (HotEDS), would like
to advise Holders that due to the breach of the stop loss level of R466.00 in the Underlying Share, as of close of
business Wednesday, 5 September 2012 the abovementioned HotED has been terminated.

Holders are now entitled to receive the Rebate Payment, represented by the number of HotEDS held on the
termination date, multiplied by the excess of the simple average of the Volume Weighted Average Price (“VWAP”)
of the Underlying Share over the two Business Days following the Termination Date over the Exercise Price (Strike
Price) of R411.00. This amount will automatically accrue to holders via instruction through 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.: 011 286-4672
         E-mail: warrants@investec.co.za
         Internet: www.investec.co.za

Sponsor
           Investec Securities Limited
           Member of the JSE
           Registration number. 1972/008905/06)

Date: 06/09/2012 09:12:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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