| Thu 13 Jan 2011, 11:00 | | MSP - MAS Plc - Results of Scrip Dividend and Issue of New Shares |
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MSP
MSP
MSP - MAS Plc - Results of Scrip Dividend and Issue of New Shares
MAS plc
Previously Mergon Property Holdings Limited
(Incorporated in the Isle of Man)
(Registration number 2893V)
(Registered as an external company in the Republic of South Africa)
(Registration number 2010/000338/10)
JSE Share code: MSP
SEDOL: B4LFGHO
ISIN: IM00B4LFGH00
(the "Company")
RESULTS OF SCRIP DIVIDEND AND ISSUE OF NEW SHARES
Shareholders are referred to the announcement of 30 November 2010 and further
notice to shareholders dated 21 December 2010, where the Company announced the
maiden interim dividend of 2.05 euro cents per share for the year ending 28
February 2011.
The Company hereby announces that following the election by shareholders for the
dividend to be applied to fund the issue of new shares and thereby receiving the
maiden interim dividend in the form of shares in lieu of cash, a total of
364,012 new shares ("New Shares") are to be issued on market as listed shares
today, 13 January 2011 on both the Euro MTF of the Luxembourg Stock Exchange and
the AltX of the JSE Limited. The New Shares will rank pari passu in every
respect with existing listed shares of the Company and are fully fungible with
effect from listing.
Following the issue of the New Shares in the Company, the total issued share
capital of the Company will increase to 19,762,959 ordinary shares.
Certificated shareholders should note that share certificates in respect of the
New Shares will be posted to shareholders on or around 13 January 2011. Cheques
will be dispatched on or around 13 January to shareholders in respect of the
cash dividend of 2.05 Euro cents per share.
Dematerialised shareholders should note that the CREST, CSDP and Broker accounts
holding dematerialised shares are in the process of being credited, according to
the elections made.
For further information please contact:
Helen Cullen, Company Secretary, MAS plc +44 1624 625 000
David Tosi, PSG Capital (Pty) Ltd, South African +27 21 887 9602
Sponsor
Herman Troskie, M Partners, Luxembourg +352 263 868
13 January 2011
Date: 13/01/2011 11:00:01 Produced by the JSE SENS Department.
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