| Tue 8 Mar 2011, 10:00 | | CLR - Clover Industries Limited - Report on proceedings at the combined |
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CLR CLRP
CLR
CLR - Clover Industries Limited - Report on proceedings at the combined
general meeting, special preference shareholders meeting and preference share
dividend declaration
CLOVER INDUSTRIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2003/030429/06)
JSE Ordinary share code: CLR ISIN: ZAE000152377
JSE Preference share code: CLRP ISIN: ZAE000152385
("Clover Industries" or "the Company")
REPORT ON PROCEEDINGS AT THE COMBINED GENERAL MEETING, SPECIAL PREFERENCE
SHAREHOLDERS MEETING AND PREFERENCE SHARE DIVIDEND DECLARATION
At the special meeting of preference shareholders of Clover Industries held
today, Monday, 7 March 2011, the special resolution proposed at the meeting
was approved by the requisite majority of votes regarding the amendment to the
Articles of Association of the Company relating to the rights, privileges and
conditions attaching to the cumulative redeemable preference shares
("preference share/s").
Following the aforesaid meeting, at the combined general meeting of ordinary
and preference shareholders of Clover Industries held today, Monday, 7 March
2011, the special resolution proposed at the meeting was approved by the
requisite majority of votes regarding the amendment to the Articles of
Association of the Company relating to the rights, privileges and conditions
attaching to the preference shares.
The special resolution will be lodged for registration with the Companies and
Intellectual Property Registration Office ("CIPRO") immediately.
DECLARATION OF PREFERENCE SHARE DIVIDEND NO. 29
Notice is hereby given that a preference share dividend has been declared for
the period ending 25 March 2011, payable in South African currency on 28 March
2011, subject to registration of the special resolution by CIPRO and amounts
to 5.41 cents per share.
The salient dates will be as follows:
Finalisation date (registration of Monday, 14 March 2011
special resolution) by
Last day to trade "cum" the preference Thursday, 17 March 2011
share dividend on
Shares commence trading "ex" the
preference share dividend on Friday, 18 March 2011
Record date on Friday, 25 March 2011
Preference share dividend payment date Monday, 28 March 2011
on
Share certificates may not be dematerialised or rematerialised between Friday,
18 March 2011 and Friday, 25 March 2011, both days inclusive.
The above dates are subject to amendment, any such amendment will be released
on SENS.
In the event that there is a change to the prime rate after the preference
share dividend declaration date, dated 8 March 2011 ("the dividend declaration
date"), the dividend amount payable will be recalculated accordingly.
Johannesburg
8 March 2011
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 08/03/2011 10:00:01 Produced by the JSE SENS Department.
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