SPA - Spanjaard Limited - Declaration of ordinary dividend number 16
SPA
SPA
SPA - Spanjaard Limited - Declaration of ordinary dividend number 16
SPANJAARD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1960/004393/06)
Share code SPA ISIN ZAE000006938
("the company")
DECLARATION OF ORDINARY DIVIDEND NUMBER 16
Shareholders are hereby advised that it is expected that the headline earning
and earnings per share for the year ending 28 February 2009 are expected to
increase by between 50% and 60% over those in the preceding financial year.
Notice is hereby given that ordinary dividend number 16 of 70 (seventy) cents
per share has been declared in respect of the year ending 28 February 2009.
The salient dates of the declaration are as follows:
- Last day to trade in order to be eligible for the dividend Friday 8 May
2009
- Shares trade ex-dividend Monday 11 May 2009
- Record date Friday 15 May 2009
- Payment made Monday 18 May 2009.
Shares may not be dematerialised/rematerialised between Monday 11 May and Friday
15 May 2009, both days inclusive.
The dividend will amount to R5,699,995 (2008: R814 285) and the directors
confirm that the company has adequate cash resources at its disposal for this
purpose out of the current year`s profit.
By order of the board
Wynberg, Sandton
27 February 2009
Sponsor
Arcay Moela Sponsors (Proprietary) Limited
Date: 27/02/2009 17:15:01 Produced by the JSE SENS Department.
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