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INVESTEC BANK LIMITED - New Listings

Release Date: 24/07/2014 13:22
Wrap Text
New  Listings

INVESTEC BANK LIMITED

ANNOUNCEMENT TO WARRANT HOLDERS OF THEIR NEW POSITIONS OF THE HOT ENHANCED
DIVIDEND SECURITIES WHICH EXPIRED 23 July 2014

     Share            Old Position     Old Price   Old Strike    New Position      Price       New        Conversion    Cash per
                                                                                              Strike         Ratio        ratio
                                                                                                          (Old : New)
 Anglo American         AGLIHL                                     AGLIHM
                                         127.44     R195.00                        92.43     R 207.00      1:1.37877       0
       plc           ZAE000181129                                ZAE000193017
                        BILIHK                                      BILIHL
 BHP Biliton plc                         161.39     R257.00                        116.60    R 274.00      1:1.38413       0
                     ZAE000180923                                ZAE000193025
 British American       BTIIHC                                      BTIIHD
                                         252.15     R471.00                        178.19    R 494.00      1:1.41506       0
   Tobacco plc       ZAE000184990                                ZAE000193033
   Compagnie
                       CFRIHB                                      CFRIHC
     Finaciare                           37.00          R83.00                     28.29      R 83.00      1:1.30788       0
                     ZAE000180931                                ZAE000193041
  Richemont SA
                       NPNIHB                                      NPNIHC
   Naspers Ltd                           704.00     R938.00                        375.82    R 977.00      1:1.87324       0
                     ZAE000180972                                ZAE000193058
                        REMIHI                                     REMIHJ
   Remgro Ltd                            90.94      R173.00                        76.96     R172.00       1:1.18165       0
                     ZAE000180980                                ZAE000193066


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 Wednesday, 23 July 2014 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.



Date: 24 July 2014



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 (Pty) Ltd
          Member of the JSE
          Registration number. 1972/008905/07)

Date: 24/07/2014 01:22:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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