Capital Alliance -
Capital Alliance Holdings Limited
(Registration number 1952/000756/06)
Share code: CPT ISIN: ZAE000011904
("Capital Alliance" or "the Company")
RESULTS OF CAPITALISATION AWARD
Shareholders were advised on Tuesday, 17 June 2003 that capitalisation shares
would be awarded to those Capital Alliance ordinary shareholders recorded as
such on Friday, 15 August 2003, the record date.
Capital Alliance ordinary shareholders were entitled to elect on or before
Friday, 15 August 2003 to receive a cash dividend of 84 cents per share in lieu
of the capitalisation award. The rounded number of capitalisation shares, to
which a shareholder was entitled, in terms of the capitalisation award, was
determined by multiplying the number of ordinary shares held by the shareholder,
by a ratio of 0,0842. This ratio was arrived at by multiplying 84 cents per
share by 1,05 and dividing the result by 1048 cents, the weighted average
trading price of the ordinary shares of the company on the JSE Securities
Exchange South Africa ("JSE") for the five business days ended Wednesday, 30
July 2003.
Shareholders who elected to receive the capitalisation shares accordingly
received 8,42 shares for every 100 shares held on the record date. Fractions of
shares were not issued.
Capital Alliance ordinary shareholders holding 155 363 899 Capital Alliance
ordinary shares elected to receive the cash dividend, resulting in the
declaration of a total dividend of R130 505 675.16.
Accordingly 2 726 309 new Capital Alliance ordinary shares were issued and
listed on the JSE with effect from the commencement of business on Monday, 18
August 2003.
Dividend cheques and/or share certificates in respect of new ordinary shares
were posted to certificated shareholders on Monday, 18 August 2003.
The CSDP or broker custody accounts of dematerialised shareholders were credited
on Monday, 18 August 2003.
Johannesburg
18 August 2003
Sponsor
Investec Bank Limited
Date: 18/08/2003 12:45:19 PM Supplied by www.sharenet.co.za
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