| Fri 9 Jan 2009, 14:49 | | DAW - Distribution and Warehousing Network Limited - Notice of annual general |
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DAW
DAW
DAW - Distribution and Warehousing Network Limited - Notice of annual general
meeting
Distribution and Warehousing Network Limited
(Incorporated in the Republic of South Africa)
(Registration number 1984/008265/06)
Share code: DAW
ISIN: ZAE000018834
("Dawn" or "the Company")
The annual general meeting of DAWN shareholders was held on Friday, 9 January
2009. All the ordinary and special resolutions as set out in the notice of
annual general meeting to shareholders, dated 17 December 2008, were approved
by the requisite majority of shareholders. Shareholders are therefore advised
that the capitalisation award with a cash dividend alternative of 35 cents
per share was approved.
The final salient dates and times of the capitalisation award with a cash
dividend alternative are as follows:
In accordance with the provisions of Strate Limited, the electronic
settlement and custody system used by JSE Limited, the relevant dates for the
capitalisation award and the cash dividend alternative are as follows:
2009
Circular regarding the capitalisation award with
the cash dividend alternative posted to shareholders Friday, 13 March
Final details of the capitalisation award ratio to be
released on SENS on Friday, 20 March
Final details of the capitalisation award ratio to be
published in the press on Monday, 23 March
Last day to trade to participate in the capitalisation
award or to receive the cash dividend alternative on Friday, 27 March
Shares trades "EX" the capitalisation award and the cash
dividend alternative on Monday, 30 March
Listing of the maximum number of new ordinary shares to
be taken up in terms of the capitalisation award on Monday, 30 March
Last day to elect to receive cash dividend or participate
in the capitalisation award by no later than 12:00 Friday, 3 April
Record date to participate in the capitalisation award
or to receive the cash dividend alternative Friday, 3 April
Results of the capitalisation award released on SENS on Monday, 6 April
Payment of the cash dividend to shareholders who have
elected not to participate in the capitalisation award
or have participated in the capitalisation award in
respect of only part of their shareholding Monday, 6 April
New shares issued and posted or CSDP or broker accounts
credited regarding the shares to be issued to shareholders
who have elected to participate in the capitalisation
award in respect of all or part of their shareholding or
have failed to make an election on Monday, 6 April
Results of the capitalisation award published in the press
On Tuesday, 7 April
The maximum number of new shares listed in terms of the
capitalisation award adjusted to reflect the actual number
of shares issued in terms of the capitalisation award on
or about Thursday, 9 April
Notes:
1. Shares may not be dematerialised or rematerialised between Monday, 30
March 2009 and Friday, 3 April 2009, both days
inclusive.
2. The above dates and times are subject to change. Any changes will be
published on SENS and in the press. The number of capitalisation shares
to which shareholders are entitled will be determined in the ratio that
35 cents per ordinary share bears to the 30-day volume weighted average
price for the Company`s share, to be determined by no later than
Thursday, 19 March 2009. Details of the ratio will be published on SENS
not later than Friday, 20 March 2009 and in the financial press the
following business day. Trading in the Strate environment does not
permit fractions and fractional entitlements. Accordingly, where a
shareholder`s entitlement to new ordinary shares calculated in
accordance with the above formula gives rise to a fraction of a new
ordinary share, such fraction will be rounded up to the nearest whole
number where the fraction is greater than or equal to 0,5 and rounded
down to the nearest whole number where the fraction is less than 0,5.
3. The right to capitalisation shares in jurisdictions other than the
Republic of South Africa may be restricted by law and a failure to
comply with any of those restrictions may constitute a violation of the
securities laws of any such jurisdictions. Shareholders` rights to
capitalisation shares are not being offered, directly or indirectly, in
the United States of America, the United Kingdom, Canada, Australia or
Japan, unless certain exemptions from the requirements of those
jurisdictions are applicable.
Note:
Dematerialised shareholders are required to notify their duly appointed CSDP
or broker of their election in terms of the
capitalisation award in the manner and at the time stipulated in the
agreement governing the relationship between the shareholder
and his/her CSDP or broker.
Johannesburg
9 January 2009
Sponsor
Deloitte & Touche Sponsor Services (Pty) Limited
(Incorporated in the Republic of South Africa)
(Registration number 1996/000034/07)
Date: 09/01/2009 14:49:25 Produced by the JSE SENS Department.
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