Firstrand - Dividend Declaration Of 37 Cents Per V
Firstrand - Dividend Declaration Of 37 Cents Per Variable Rate Non-Cumulative
Non-Redeemable B1 Preference Share In Firstrand
FirstRand Limited
(Incorporated in the Republic of South Africa)
Registration number: 1966/010753/06
B1 Preference share code: FSPP ISIN: ZAE000070900
(`FirstRand`)
DIVIDEND DECLARATION OF 37 CENTS PER VARIABLE RATE NON-CUMULATIVE NON-REDEEMABLE
B1 PREFERENCE SHARE IN FIRSTRAND
Shareholders are referred to the terms announcement released on SENS on 4 August
2005 regarding the private placement of 15 000 000 variable rate non-cumulative
non-redeemable B preference shares which shall be designated as B1 preference
shares (`B1 preference shares`). In this regard, shareholders are advised that,
subject to the listing of the B1 preference shares on the JSE Limited on
11 August 2005, the salient dates for the first dividend declaration in respect
of the B1 preference shares in the amount of 37 cents per B1 preference share,
will be as follows:
Finalisation date Thursday, 11 August
Last day to trade Friday, 19 August
Shares commence trading `ex` the B1 preference
share dividend from the commencement of business Monday, 22 August
Record date Friday, 26 August
Payment date of the B1 preference share dividend Monday, 29 August
B1 preference share certificates may not be dematerialised or rematerialised
between Monday, 22 August 2005 and Friday, 26 August, both days inclusive.
In the event that there is a change to the prime rate between the B1 preference
share dividend declaration date (`the dividend declaration date`) and the B1
preference share dividend payment date (`the dividend payment date`), the
prevailing prime rate at the dividend declaration date will be applied from the
dividend declaration date to the dividend payment date.
The effect of the aforementioned will be that the B1 preference share dividend
will not be adjusted for any changes in the prime rate between the dividend
declaration date and the dividend payment date.
Sandton
4 August 2005
Merchant bank and sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 04/08/2005 10:30:03 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
