| Wed 19 May 2010, 15:40 | | TBSIDF - Investec - Declared capital reduction out of share premium announcement |
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JSE TBSIDF
INVS
TBSIDF - Investec - Declared capital reduction out of share premium announcement
on Tiger Brands Limited enhanced dividend securities - ("TBSIDF")
INVESTEC WARRANTS
JSE SHARE CODE: TBSIDF
JSE ISIN CODE: ZAE000142337
DECLARED CAPITAL REDUCTION OUT OF SHARE PREMIUM ANNOUNCEMENT ON TIGER BRANDS
LIMITED ENHANCED DIVIDEND SECURITIES - ("TBSIDF")
With reference to the distribution announcement, the Directors of Tiger Brands
Limited have approved a cash distribution (in lieu of the interim dividend) by
way of a reduction of capital out of share premium of 270 cents per ordinary
share payable on Monday, 12 July 2010 to ordinary shareholders recorded in the
books of the company at the close of business on Friday, 09 July 2010.
Accordingly, the warrant holders of the Enhanced Dividend Securities, TBSIDF,
will receive a Tiger Brands Limited Capital Reduction Distribution of 270 cents
per security on Monday, 12 July 2010 in terms of the Cession clause incorporated
in the Supplement between the holders and Investec Bank Limited. The last day
to trade ("cum" the distribution) in order to participate in the dividend will
be Friday, 02 July 2010.
TBSIDF Enhanced Dividend Securities will commence trading "ex" the distribution
from the commencement of business on Monday, 05 July 2010, and the record date
will be Friday, 09 July 2010.
Copies of the offering circular may be obtained from:
Investec Bank Limited
100 Grayston Drive
Sandown
Sandton
2196
For further information contact:
Investec Warrants
Tel.: 0860 103 343
E-mail: warrants@investec.co.za
Internet: www.investecwarrants.com
Sponsor
Investec Securities Limited
Member of the JSE
Registration number. 1972/008905/06)
Date: 19/05/2010 15:40:01 Produced by the JSE SENS Department.
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