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JSE MVGP
HSI MVG
MVG/MVGP/HIS - Mvela Group/Health - Dividend declaration announcement
MVELAPHANDA GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1995/004153/06)
Ordinary share code: MVG & ISIN: ZAE000060737
Preference share code: MVGP & ISIN: ZAE000073540
("Mvela Group")
HEALTH STRATEGIC INVESTMENTS LIMITED
(formerly Newshelf 776 (Proprietary) Limited)
(incorporated in the Republic of South Africa)
(Registration number 2005/012471/06)
JSE share code: HSI & ISIN: ZAE000146742
("Health" or the "Company")
DIVIDEND DECLARATION ANNOUNCEMENT
1. INTRODUCTION
Holders of ordinary shares and preference shares in Mvela Group ("Mvela Group
shareholders"), and ordinary shares in Health ("Health ordinary shareholders")
are hereby informed that Health directors today declared a dividend of R0.23 per
Health ordinary share to its shareholders. This amounts to a total dividend of
R63.76 million. This amount falls due to all current Health shareholders (i.e.
prior to the unbundling of Health to Mvela Group ordinary shareholders ("the
unbundling").
2. REGULATORY PURPOSES ONLY
Health is a subsidiary of Mvela Group, which will soon be unbundled to ordinary
shareholders of Mvela Group. The proceeds of the dividend will be received by
Mvela Group and not by new Health ordinary shareholders post the unbundling.
The dividend declaration is part of the process of unbundling of Health to Mvela
Group shareholders.
This announcement is only required for regulatory purposes only and no action is
required by Mvela Group shareholders or Health ordinary shareholders.
Johannesburg
5 August 2010
Merchant bank, structuring adviser and transaction sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Sponsor
Deutsche Securities (SA) (Proprietary) Limited
Reporting Accountants
PKF (Jhb) Inc.
Attorneys
Bowman Gilfillan Inc.
Date: 05/08/2010 17:45:13 Produced by the JSE SENS Department.
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