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INVESTEC BANK LIMITED - REMIHL - HED Treatment relating to Remgro Limited Rights Issue

Release Date: 27/10/2016 13:39
Code(s): REMIHL     PDF:  
Wrap Text
REMIHL - HED Treatment relating to Remgro Limited Rights Issue

INVESTEC WARRANTS


REMIHL HED TREATMENT RELATING TO REMGRO LIMITED RIGHTS ISSUE

JSE SHARE CODE: REMIHL
JSE ISIN CODE: ZAE000221859



With reference to the rights issue announcement, Investec Bank Limited as Calculation Agent of the REMIHL Hot
Enhanced Dividend Security (HOTEDs) shall distribute 328 cents per share to the Holders of REMIHL.

REMIHL holders shall have the full value of the rights ceded in cash being 328 cents at expiry of the rights using the
closing price of the rights.

Last day to trade – 4th October 2016
Ex-date- 5Th October 2016
Record date – 7th October 2016
Payment date – 24th October 2016

There will be no withholding tax implications in so far as the aforesaid distribution.




27 October 2016


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.: 0860 103 343
          E-mail: warrants@investec.co.za
          Internet: www.investec.com

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

Date: 27/10/2016 01:39:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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