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ABSA BANK LIMITED - NEWGBP - Revision of the announcement released on 14 August 2019 relating to an incorrect closing price

Release Date: 15/08/2019 12:28
Code(s): NEWGBP     PDF:  
Wrap Text
NEWGBP - Revision of the announcement released on 14 August 2019 relating to an incorrect closing price

ABSA BANK LIMITED
NEWWAVE GBP EXCHANGE TRADED NOTES
(“GBP Notes” or the “ETNs”)
Share code: NEWGBP
ISIN: ZAE000162558

REVISION OF THE ANNOUNCEMENT RELEASED ON 14 AUGUST 2019 RELATING TO AN
INCORRECT CLOSING PRICE

Investors are referred to the announcement published on the Stock Exchange News Service (“SENS”) on
14 August 2019.

In order to clarify, it is to be noted that the JSE Limited (“JSE”) reflected the correct closing price for the day,
however, during the last few hours of trade on 12 August 2019, the Market Maker experienced system
issues, resulting in a deviation from the Net Asset Value (“NAV”) per security on the day.

As a result of these technical issues, the ETN closed at a price away from the NAV. The correct NAV is
stated in the table below.

ETN                 JSE Closing Price 12 August 2019                           Corrected NAV
NEWGBP              1744                                                       1860


15 August 2019

Sponsor
Absa Bank Limited (acting through its Corporate and Investment Bank division)

Date: 15/08/2019 12:28:00
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