SPA
SPA
SPA - Spanjaard - Trading Statement & declaration of ordinary dividend number 15
SPANJAARD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1960/004393/06)
Share code SPA ISIN: ZAE000006938
("the company")
TRADING STATEMENT & DECLARATION OF ORDINARY DIVIDEND NUMBER 15
Shareholders are advised that the headline earnings and earnings per share for
the financial year ending 29 February 2008 are expected to be within a range of
230% - 250% greater than those for the comparable period last year.
It is noted that the earnings per share has been calculated based on a weighted
average of 7.328 million shares in issue for the financial year ending 29
February 2008. Current shares in issue 8.143 million.
This information has not been reviewed by the auditors of the company.
Notice is hereby given that ordinary dividend number 15 of 10 (ten) cents per
share has been declared in respect of the year ending 29 February 2008.
The salient dates of the declaration are as follows:
- last day to trade in order to be eligible for the dividend Friday 9 May
2008
- shares trade ex-dividend Monday 12 May 2008
- record date Friday 16 May 2008
- payment made Monday 19 May 2008.
Shares may not be dematerialised/ rematerialised between Monday 12 May and
Friday 16 May 2008, both days inclusive.
The dividend will amount to R814 300 (2007: R285 000) and the directors confirm
that the company has adequate cash resources at its disposal for this purpose
out of the current year`s profit, which is estimated to be between R 5,5m -
R5,8m before tax.
By order of the board
Wynberg, Sandton
29 February 2008
Sponsor
Arcay Moela Sponsors (Proprietary) Limited
Date: 29/02/2008 17:00:01 Produced by the JSE SENS Department.
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