A study on call_and_put_options

Jun 28th, 2015
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A. T. Still University
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Herewith I would like to exercise a put option on the two debentures held by me: C64 and D37 with a combined value of R . Since interest payments have not been forthcoming before the 15th of December 2008 (November 2008 interest) and before the 15th of January 2009 (December 2008 interest), these debentures have now become due and payable with all outstanding interest. This is according to clause 12.2 of the Prospectus lodged with CIPRO/DTI.

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16 January 2009Mr. Patrick StapletonExecutive ChairmanEdwafinP.O. Box 2180Strangeways Office ParkHillcrestHillcrest3650DurbanKZNDear Mr. StapletonDebentures Nos. C64 and D37Our communications to date refers.Herewith I would like to exercise a put option on the two

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