Amalgamated Appliance Holdings Limited -
Amalgamated Appliance Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1997/004130/06)
Share code AMA ISIN ZAE000012647
("AMAP")
RESULTS OF THE CAPITALISATION SHARE AWARD
Bridge Capital Services (Proprietary) Limited is authorised to announce that,
further to the announcement published in the press on Thursday, 22 May 2003, the
right of election to decline the capitalisation share award and to receive
instead a cash dividend of 3,75 cents per share, terminated at 12:00 on
Friday, 13 June 2003.
Results of the capitalisation share award
Allotments of capitalisation shares in AMAP in terms of the capitalisation
share award were made in respect of a total of 140 267 793 ordinary shares out
of a total possible number of 207 339 859 ordinary shares, representing a 67,7%
issue in lieu of a dividend payment. The election to receive a cash dividend was
made in respect of a total of 67 072 066 ordinary shares in AMAP, resulting in a
total dividend payment of R2 515 202,48.
Listing
The JSE Securities Exchange South Africa ("the JSE") granted a listing for
7 168 983 capitalisation shares, being the maximum number of capitalisation
shares to be issued in terms of the capitalisation share award, from the
commencement of business on Monday, 9 June 2003. An adjustment to this maximum
number of capitalisation shares will be made today, resulting in 5 030 282
capitalisation shares remaining listed on the JSE in respect of the
capitalisation share award. Accordingly, the issued ordinary share capital of
AMAP has increased from 207 339 859 ordinary shares to 212 370 141 ordinary
shares.
Allotment of capitalisation shares and payment of dividend
The capitalisation shares to be issued pursuant to the capitalisation share
award will be allotted today. Cheques in respect of the cash dividend will be
posted to certificated shareholders today. The CSDP/broker accounts of
dematerialised shareholders will be credited with the relevant amounts due
today.
Johannesburg
17 June 2003
Sponsor
BRIDGE CAPITAL
Date: 17/06/2003 02:55:47 PM Supplied by www.sharenet.co.za
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