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MVG MVGP
MVG
MVG/MVGP - Mvelaphanda Group Limited - Redemption and Redemption Payment of
Perpetual Preference Shares -Revised Salient Dates due to additional public
holiday
MVELAPHANDA GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1995/004153/06
Ordinary share code: MVG
Preference share code: MVGP
Ordinary share ISIN: ZAE000060737
Preference share ISIN: ZAE000073540
("Mvela Group" or "the Company"
Redemption and Redemption Payment of Perpetual Preference Shares -Revised
Salient Dates due to additional public holiday
Further to the announcement released on 24 November 2011 relating to, inter
alia, the Company`s intention to redeem in full the perpetual preference shares
("the redemption") and to pay the perpetual preference shareholders for each
perpetual preference share held, the deemed value of R10.00 plus the preference
dividend for the six-month period ending 31 December 2011 (No.13) of 36.1 cents
and the arrear preference dividend for the six-month period ended 30 June 2011
(No.12) calculated up to 31 December 2011 of 38.14 cents, calculated on 80% of
the ruling prime overdraft rate on Tuesday, 3 January 2012 ("the redemption
payment"), the shareholders of Mvela Group perpetual preference shares are
advised that due to the recently declared South African public holiday on
Tuesday, 27 December 2011, the following dates in the timetable envisaged for
the redemption and the redemption payment have changed:
Last day to trade to be able to participate in Wednesday, 21 December 2011
the redemption and the redemption payment
Perpetual preference shares suspended on the Thursday, 22 December 2011
JSE trading system
Shareholders of Mvela Group perpetual preference shares are advised that the
rest of the dates in the timetable envisaged for the redemption and the
redemption payment as announced on 24 November 2011 remain unchanged.
For any queries please contact:
Mr. Ernst Roth
Tel: +27 11 684 2652
Email: info@mvelagroup.co.za
Johannesburg
19 December 2011
Sponsor
Deutsche Securities (SA) (Proprietary) Limited
Date: 19/12/2011 13:20:01 Produced by the JSE SENS Department.
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