MKL
MKL
MKL - Makalani - Declaration Of Special Dividend
MAKALANI HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2005/000726/06)
Share code: MKL
ISIN: ZAE000066700
("Makalani")
DECLARATION OF SPECIAL DIVIDEND
The directors of Makalani have resolved to declare a special dividend of 200
cents per Makalani linked unit (approximately R43 million). The special dividend
payment is mainly derived from the proceeds of the accrued dividend portion of
the Goldfields preference share asset which was redeemed towards the end of
March 2009 (approximately R82 million) ("the Redemption"). The source of the
dividend distribution is thus from income reserves.
The balance of the Redemption proceeds (being the capital of the preference
share asset), will be used to repay accrued preference share dividends and to
redeem a portion of Makalani`s own preference share funding liability.
The salient dates will be as follows:
Last day to trade cum the dividend Tuesday, 21 April 2009
Shares trade "ex" dividend Thursday, 23 April 2009
Record date Thursday, 30 April 2009
Payment date Monday, 4 May 2009
Linked unit certificates may not be dematerialised or rematerialised between
Thursday, 23 April 2009 and Thursday, 30 April 2009, both days inclusive.
Sandton
2 April 2009
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 02/04/2009 17:30:02 Produced by the JSE SENS Department.
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