The Spar Group Limited - Revision of dividend poli
SPP
SPP
The Spar Group Limited - Revision of dividend policy
THE SPAR GROUP LIMITED
Registration number: 1967/001572/06
Share code: SPP
ISIN Number: ZAE000058517
("Spar" or "the Company")
REVISION OF DIVIDEND POLICY
Pursuant to comments made in the Company"s 2005 annual report that the dividend
cover will be reviewed, the directors have determined that the dividend cover
for financial 2006 be reduced to 2 times cover from the present cover level of
2.25. It is anticipated that the payment of the 2006 dividend will be made in
the approximate ratios of 40% being the interim dividend payment (June 2006)
with the final dividend payment (December 2006) being approximately 60% of the
total 2006 dividend.
8 February 2006
Durban
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 08/02/2006 12:00:02 PM Produced by the JSE SENS Department
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