To view the PDF file, sign up for a MySharenet subscription.

STANDARD BANK OF SOUTH AFRICA LD - SCIB: The Standard Bank of South Africa Limited - Notice of rollover of Standard Bank Share Instalments

Release Date: 31/10/2012 12:06
Code(s): GNDSTF GRTSIH IMPSIE RDFSTB     PDF:  
Wrap Text
SCIB: The Standard Bank of South Africa Limited - Notice of rollover of Standard Bank Share Instalments

THE STANDARD BANK OF SOUTH AFRICA LIMITED

NOTICE OF ROLLOVER OF STANDARD BANK SHARE INSTALMENTS

The following instalments will expire on the 07 Nov 2012 and Auto Roll:


                                                                                 New Instalment
Instalment Code           Stock                 ISIN Code          Expiry             Code         New ISIN Code


    GNDSTF          GRINDROD LIMITED           ZAE000161659       07 Nov 2012        GNDSTG         ZAE000172813

                     GROWTHPOINT
    GRTSIH         PROPERTIES LIMITED          ZAE000161667       07 Nov 2012        GRTSII         ZAE000172821

                  REDEFINE PROPERTIES
    RDFSTB              LIMITED                ZAE000161683       07 Nov 2012        RDFSTC         ZAE000172839



The following share instalments will not Auto Roll and will be cash settled for the remaining intrinsic value:


NOTICE OF EXPIRY OF STANDARD BANK SHARE INSTALMENTS


Instalment Code             Stock                 ISIN Code          Expiry

                     IMPALA PLATINUM
    IMPSIE           HOLDINGS LIMITED          ZAE000161675       07 Nov 2012


Number of new Share Instalments =
(Cash Settlement Amount / Price of new Share Instalment on the Expiration Date)*Number of existing
Share Instalments

Where:
          Cash Settlement Amount = (the closing price of the Underlying Parcel on Expiration Date – the
          Exercise Price of the expiring Share Instalment – any other fees and expenses the Warrantholder is
          liable for in terms of the Conditions);
            Price of new Share Instalment = closing price of the new Share Instalment on the Expiration Date of
          the old Share Instalment determined by the Issuer as per the matrix offer price based off the closing
          price of the Underlying Security. Note - This may differ from the closing price of the new Share
          Instalment on the JSE as this level is set before the official close of the market at 5.00 p.m.

Please note:
     1. The new Share Instalments will take around 5 Business Days from the Expiration Date of the old series
          to be delivered into the Warrantholders account.


 Warrantholders should ensure that their holdings are registered prior to the Expiration Date as only registered Warrantholders
 will be entitled to the rollover. Share Instalments will be exercisable in accordance with the terms and conditions set out in
 the Common Terms Document, relevant Conditions Annexure/s and/or Supplements. All Share Instalments will be settled via
 STRATE. Please note that the Share Instalments that do not rollover will be settled in accordance with the provisions set out
 in the relevant Conditions Annexure/s and/or Supplements.


Copies of the warrant issue documentation may be
obtained from:
The Standard Bank Of South Africa Limited.
(Registration Number 1962/000738/06)
3 Simmonds Street
Johannesburg
2001
For further information contact :
Standard Bank Warrants
Tel 0800 111 780
e-mail : derivatives@standardbank.co.za
Sponsor :
SBG Securities (Pty) Limited
(Registration Number: 1972/008305/07)
An authorised user of the JSE Limited

Date: 31/10/2012 12:06:00 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.

Share This Story