METROFILE HOLDINGS LIMITED - Dividend and Gearing Policies
MFL 201306050010A
Dividend and Gearing Policies
Metrofile Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1983/012697/06)
Share Code: MFL
ISIN Code: ZAE000061727
("Metrofile")
DIVIDEND AND GEARING POLICIES
The Board of Directors of Metrofile is pleased to advise
Shareholders that the following policy decisions have been
taken:
- dividend cover is reduced to 2,25 times with effect for the
financial year ending 30 June 2013 due to the group’s
continued strong generation of free cash flow; and
- as a guideline a minimum level of debt of 1,5 times EBITDA
will be maintained to continue to leverage shareholder
returns.
The above information has not been reviewed by our auditors and
does not reflect any forecast of our earnings.
Johannesburg
5 June 2013
Sponsor
The Standard Bank of South Africa Limited
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