Bidvest - Dividend announcement
The Bidvest Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1946/021180/06)
Share c ode: BVT
ISIN: ZAE000050449
(`Bidvest` or `the Company`)
Interim distribution to shareholders
Shareholders are referred to the Bidvest announcement of the interim results for
the six month period ended December 31 2004, which were released today Monday
February 28 2005.
In terms of the scheme of arrangement proposed by Dinatla Investment Holdings
(Pty) Limited (`Dinatla`) between The Bidvest Group Limited and its
shareholders, which was sanctioned by the High Court on November 18 2003,
Dinatla acquired approximately 15% of the shares of scheme participants on the
basis that for a period of three years ending on December 8 2006, all normal
dividends and distributions in respect of the shares so acquired will accrue to
the scheme participants or their successors.
Accordingly, the distribution awarded to shareholders amounting to 133,8 cents
per share will be increased to 155,84 cents per share to all shareholders,
excluding Dinatla, recorded in the register of the Company at the close of
business on Thursday March 24 2005.
Johannesburg
February 28 2005
Date: 28/02/2005 07:58:13 AM
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