| Wed 21 May 2008, 11:00 | | HVL - Highveld Steel and Vanadium Corporation Limi |
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HVL
HVL
HVL - Highveld Steel and Vanadium Corporation Limited - Announcement - special
dividend no. 68
Highveld Steel and Vanadium Corporation Limited
Registration no. 1960/001900/06
(Incorporated in the Republic of South Africa)
("Highveld" or "the Corporation")
Share code: HVL
ISIN code: ZAE000003422
ANNOUNCEMENT - SPECIAL DIVIDEND NO. 68
Taking into consideration the trading conditions over the recent
past being better than originally anticipated, the identification
of future capital requirements of the Corporation and the receipt
of the sale proceeds from the Rand Carbide disposal, the
Directors of the Corporation on Tuesday, 20 May 2008, having
considered the financial position of the Corporation, declared a
special dividend No. 68 of 1 800 cents per ordinary share (South
African currency), based on available cash in excess of
operational requirements as follows:
Amount (South African currency) 1 800 cents per share
Last day to trade to qualify for
dividend (and for changes of
address or dividend instructions) Friday, 6 June 2008
Ex-dividend on the JSE Limited Monday, 9 June 2008
Record date Friday, 13 June 2008
Payment date of dividend Tuesday, 17 June 2008
Share certificates may not be dematerialised or rematerialised
between Monday, 9 June 2008 and Friday, 13 June 2008, both days
inclusive.
By order of the Board
eMalahleni
21 May 2008
Sponsor
J.P. Morgan Equities Limited
Date: 21/05/2008 11:00:01 Produced by the JSE SENS Department.
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