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STANDARD BANK OF SOUTH AFRICA LD - SCIB: The Standard Bank of South Africa Ltd - Suspension of African Bank Inv Limited Warrants & Share Instalments

Release Date: 11/08/2014 13:35
Code(s): ABLSTL ABLSBF ABLSBH ABLSBG     PDF:  
Wrap Text
SCIB: The Standard Bank of South Africa Ltd - Suspension of African Bank Inv Limited  Warrants & Share Instalments

SCIB: The Standard Bank of South Africa Limited – Suspension of all African Bank
Investments Limited (“ABIL”) Warrants and Share Instalments


11/08/2014

In terms of the SENS announcement issued by ABIL on 11 August 2014, which includes a
statement issued by the South African Reserve Bank ("SARB") on 10 August 2014, the JSE
has suspended trading in both ordinary and preference shares of ABIL.

Accordingly trading in all African Bank Investments Limited Warrants and Share Instalments
will be suspended, which suspension has been agreed by the JSE.

The following instruments are subject to this suspension:

                           Exercise Conversion
ISIN            JSE Code                            Expiry   Exercise Style
                            Price     Ratio

ZAE000188363 ABLSBF        R 11.00     5:1       02-Sep-14    American Call

ZAE000191169 ABLSBG       R 9.25       5:1       02-Dec-14    American Call

ZAE000192860 ABLSBH        R 8.00      5:1       03-Feb-15    American Call

ZAE000192738 ABLSTL        R5.25       1:1       08-Jul-15    American Call


For further information contact:
Standard Bank Warrants
Tel 0800 111 780
Email: derivatives@standardbank.co.za
Issuer: The Standard Bank of South Africa Limited

Sponsor: SBG Securities (Pty) Ltd.

This notice should be read together with the Common Terms Document, Conditions
Annexure and relevant Supplement which collectively record the terms and conditions of
the agreement between the Issuer and Warrant holders.

Date: 11/08/2014 01:35:00 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.

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