Amalgamated Appliance Holdings Limited - Result Of
Amalgamated Appliance Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1997/004130/06)
("AMAP")
RESULT OF THE CAPITALISATION AWARD
Bridge Capital Services (Proprietary) Limited is authorised to announce
that, further to the announcement published in the press on Wednesday, 22
May 2002, the right of election to decline the capitalisation award and to
receive instead a cash dividend of 2,5 cents per share, terminated at 12:00
on Wednesday, 12 June 2002.
Result of the capitalisation award
Allotments of new ordinary shares in AMAP in terms of the capitalisation
award were made in respect of a total of 106 258 911 ordinary shares out of
a total possible number of 204 197 714 ordinary shares, representing a 52%
issue in lieu of a dividend payment. The election to receive a cash dividend
was made in respect of a total of 97 938 803 ordinary shares in AMAP,
resulting in a total dividend payment of R2 448 470.70.
Listing
The JSE has granted a listing of the 3 142 145 new ordinary shares issued in
terms of the capitalisation award from the commencement of business on the
JSE on Tuesday, 18 June 2002. Accordingly, the number of issued ordinary
share capital of AMAP has increased 204 197 714 ordinary shares to 207 339
859 ordinary shares.
Allotment of new ordinary shares and payment of dividend
The new ordinary shares to be issued pursuant to the capitalisation award
will be allotted today. Cheques in respect of the cash election will be
posted to the certificated shareholders today. The CSDP/broker accounts of
the dematerialised shareholders will be credited with the relevant amounts
due today.
Johannesburg
18 June 2002
Sponsor
Bridge Capital Services (Pty)Limited
(Registration No 1998/016301/07)
(A sponsor registered with the JSE Securities Exchange South Africa)
Date: 18/06/2002 11:46:00 AM Produced by the SENS Department
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