| Fri 12 Mar 2010, 7:05 | | WHL - Woolworths Holdings Limited - Finalisation of cash distribution |
|
WHL
WOWOW
WHL - Woolworths Holdings Limited - Finalisation of cash distribution
Woolworths Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1929/001986/06
Share code: WHL ISIN: ZAE000063863
("Woolworths" or "the Company")
FINALISATION OF CASH DISTRIBUTION
Further to the announcement released on SENS on Thursday, 25 February 2010,
Woolworths shareholders are advised that the resolution necessary to approve and
implement the specific issue of shares has been registered with the Companies
and Intellectual Property Registration Office. Accordingly all conditions have
been met and Woolworths will make a cash distribution of 38.0 cents per ordinary
share to ordinary shareholders, in lieu of the interim dividend for the 26 weeks
ended 27 December 2009, by way of a capital reduction out of the Company`s share
premium account ("Distribution").
The Distribution will be in the form of a general payment to shareholders in
terms of Section 90 of the Companies Act,(Act 61 of 1973), as amended.
The important dates with respect to the Distribution are set out below:
2010
Last day to trade to be eligible to receive the Thursday, 25 March
Distribution
Shares trade "ex" the Distribution from Friday, 26 March
Record date for the Distribution Thursday, 1 April
Distribution paid to certificated ordinary shareholders Tuesday, 6 April
on
Distribution credited to accounts of dematerialised Tuesday, 6 April
ordinary shareholders held by their CSDP or broker on
Notes:
1. All times indicated above are South African local times.
2. Share certificates may not be dematerialised or rematerialised between
Friday, 26 March 2010 and Thursday, 1 April 2010, both days inclusive.
Cape Town
12 March 2010
Merchant bank and sponsor to Woolworths
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 12/03/2010 07:05:07 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
