|
ADCORP HOLDINGS LIMITED - SALIENT DATES OF CAPITAL DISTRIBUTION
ADCORP HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1974/001804/06)
(Share code: ADR
ISIN: ZAE000000139)
("Adcorp" or "the company")
SALIENT DATES OF CAPITAL DISTRIBUTION
Notice is hereby given that the board of directors has proposed a capital
distribution of 10 cents per share instead of an ordinary dividend for the six
months ended 30 June 2003 as set out in the press announcement dated 20 August
2003, subject to approval being obtained from shareholders for the distribution.
1. Financial effects of the distribution
The pro forma financial effects of the capital distribution will have no
material effect on the earnings of Adcorp for the six months ended 30 June
2003. Based on the interim balance sheet of Adcorp as at 30 June 2003, the
reduction of share premium will reduce the shareholders interest by R4 029
938. The share premium account will reduce from R60 776 839 to R56 746 901.
2. Salient dates and times
A circular and notice of the general meeting of shareholders regarding the
capital distribution will be posted to shareholders on Monday, 15 September
2003. Subject to the approval by the shareholders of the company being
obtained, the following dates for the capital distribution will apply:
2003
Forms of proxy for general meeting of shareholders Wednesday, 1 October
to be received by 09:00
General meeting of shareholders held at 09:00 Thursday, 2 October
Results announcement published on SENS Thursday, 2 October
Results announcement published in the press Friday, 3 October
Last day to trade cum distribution Friday, 10 October
Adcorp shares trade ex-distribution Monday, 13 October
Record date to be recorded in the register to Friday, 17 October
participate in the cash distribution
Distribution to shareholders in respect of the cash
distribution. Posting of cheques or electronic bank
transfers in respect of certificated shareholders.
Accounts credited at CSDP or broker in respect of Monday, 20 October
shareholders who have dematerialised their shares
Notes:
1. The above dates and times are subject to change. Any changes will be
published in the press and on SENS.
2. Shares may not be dematerialised or rematerialised between Monday,
13 October 2003 and Friday, 17 October 2003, both days inclusive.
Melville
15 September 2003
Sponsor:
Deloitte & Touche
Deloitte & Touche Sponsor Services (Pty) Ltd
(Incorporated in the Republic of South Africa)
(Registration number 1996/000034/07)
Date: 15/09/2003 07:01:06 AM Produced by the JSE SENS Department
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
