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

Release Date: 01/10/2014 16:35
Code(s): RDFSTD PPCSTI NPNSTH GRTSIJ GNDSTH EXXSTH CFRSTH BILSTJ     PDF:  
Wrap Text
SCIB: The Standard Bank of South Africa Limited - Notice of Rollover of Share Instalments

THE STANDARD BANK OF SOUTH AFRICA LIMITED

01/10/2014

NOTICE OF ROLLOVER OF STANDARD BANK SHARE INSTALMENTS

The following instalments will expire on the 08 Oct 2014 and Auto Roll:


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


BILSTJ          BHP BILLITON PLC         ZAE000182978       08 Oct 2014      BILSTL          ZAE000196168

              COMPAGNIE FINANCIER
CFRSTH            RICHEMONT SA           ZAE000182986       08 Oct 2014      CFRSTI          ZAE000196176

                EXXARO RESOURCE
EXXSTH              LIMITED              ZAE000182994       08 Oct 2014      EXXSTI          ZAE000196184


GNDSTH           GRINDROD LIMITED        ZAE000183000       08 Oct 2014      GNDSTI          ZAE000196192

                  GROWTHPOINT
GRTSIJ        PROPERTIES LIMITED         ZAE000183018       08 Oct 2014      GRTSIL          ZAE000196200


NPNSTH           NASPERS LIMITED         ZAE000183026       08 Oct 2014      NPNSTI          ZAE000196218


PPCSTI           PPC LIMITED             ZAE000183034       08 Oct 2014      PPCSTJ          ZAE000196226

               REDEFINE PROPERTIES
RDFSTD              LIMITED              ZAE000183042       08 Oct 2014      RDFSTE          ZAE000196234

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)
30 Baker Street, Rosebank
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: 01/10/2014 04:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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