The Bidvest Group Limited - Interim distribution t
BDEO BVT
BVT
The Bidvest Group Limited - Interim distribution to shareholders
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
Interim distribution to shareholders
Shareholders are referred to the Bidvest announcement of the unaudited results
for the half year ended December 31 2005, which were released on Monday
February 27 2006.
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 162,0 cents per share will be increased to
188,28 cents per share to all shareholders, excluding Dinatla, recorded in the
register of the Company at the close of business on Friday March 24 2006.
Johannesburg
February 27 2006
Date: 27/02/2006 02:30:11 PM Produced by the JSE SENS Department
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