The Bidvest Group Limited - Final Distribution
The Bidvest Group Limited
Incorporated in the Republic of South Africa
Registration number: 1946/021180/06
Share code: BVT
ISIN: ZAE000050449
(`Bidvest` or `the Company`)
Creating value and building strength from diversity
Final distribution to shareholders
Shareholders are referred to the Bidvest announcement of the audited results for
the year ended June 30 2005, which were released on Monday August 22 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 172,2 cents per share will be increased to
200,34 cents per share to all shareholders, excluding Dinatla, recorded in the
register.
of the Company at the close of business on Friday September 16 2005.
Johannesburg
August 19 2005
Date: 22/08/2005 07:57:58 AM
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