MVG - Mvelaphanda Group Limited - Cash Distributio
MVG MVGP
MVG
MVG - Mvelaphanda Group Limited - Cash Distribution
Mvelaphanda Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1995/004153/06
Ordinary share code: MVG
Preference share code: MVGP
Ordinary share: ISIN: ZAE000060737
Preference share: ISIN: ZAE000073540
("Mvela Group" or "the company")
CASH DISTRIBUTION
Further to the announcement of Mvela Group`s interim results for the six
months ended 31 December 2006 dated 7 March 2007, in which the company
declared a cash distribution of 6 cents per ordinary share out of share
premium in lieu of an interim ordinary dividend ("the cash distribution"),
shareholders are advised that the cash distribution has been paid to
ordinary shareholders today.
The financial effect of the cash distribution on Mvela Group`s earnings,
headline earnings, net asset value and net tangible asset value per
ordinary share is less than 1% and is not material.
Sandton
10 April 2007
Sponsor
Deutsche Securities (SA) (Proprietary) Limited
Date: 10/04/2007 10:50:01 Produced by the JSE SENS Department.
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