McCARTHY LIMITED - PAYMENT TO PREFERENCE SHAREHOLDERS
McCARTHY LIMITED
(Registered in the Republic of South Africa)
(Registration number 1991/003245/06)
Preference shares: Share code : MCCP : ISIN ZAE000034831
("McCarthy")
Further to the announcements dated 23 January 2004 and 4 February 2004
respectively, notice is hereby given that the preference shares, other than
those held by the consortium of banks, will be redeemed at a price of 27.668
cents per preference share in accordance with the terms as stipulated in the
announcement dated 23 January 2004.
Preference shareholders, other than the consortium of banks ("minority
preference shareholders"), are advised that, in terms of the offer by The
Bidvest Group Limited ("Bidvest"), minority preference shareholders will receive
a further payment from Bidvest of 8.33 cents per preference share resulting in
preference shareholders receiving a total payment of 36 cents per preference
share. Preference shareholders are referred to the announcement published by
McCarthy on 23 January 2004 for the full terms of the preference share
redemption and payment.
The salient dates are as follows:
The last day to trade Friday, 27 February 2004
The record date Friday, 5 March 2004
Payment made to preference Monday, 8 March 2004
shareholders
Share certificates may not be dematerialised or rematerialised after Friday, 27
February 2004.
Shareholders are also notified that the preference share listing was suspended
at the commencement of trade on Monday, 16 February 2004 and terminated at the
commencement of trade on Tuesday, 9 March 2004.
Durban
17 February 2004
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited) CORPORATE FINANCE
Date: 17/02/2004 07:02:02 AM Supplied by www.sharenet.co.za
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