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Omnia Holdings Limited - Interim Dividend

Release Date: 01/12/2000 16:24:19      Code(s): OMN
OMNIA HOLDINGS LIMITED
REGISTRATION NUMBER 67/03680/06
INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA
INTERIM DIVIDEND
SHAREHOLDERS WERE ADVISED WITH THE RELEASE OF THE INTERIM RESULTS ON 27TH
SEPTEMBER 2000 THAT THE BOARD WOULD CONSIDER THE INTERIM DIVIDEND AS USUAL AT
THE NOVEMBER BOARD MEETING.
SHAREHOLDERS WERE ALSO ADVISED ON 25TH AUGUST 2000 THAT THE FINANCIAL YEAR END
WAS CHANGED FROM DECEMBER TO MARCH WITH THE RESULT THAT THE CURRENT FINANCIAL
YEAR WILL BE A 15 MONTH PERIOD ENDING 31 MARCH 2001.
DUE TO THE SEASONAL NATURE OF THE GROUP'S EARNINGS, THE GROUP INCURS LARGE
TRADING LOSSES IN THE PERIOD JANUARY TO MARCH EACH YEAR. ACCORDINGLY, THE 15
MONTH FINANCIAL YEAR ENDING 31 MARCH 2001 WILL INCORPORATE TWO TRADITIONALLY
LOSS-MAKING JANUARY TO MARCH QUARTERS. IN THE LIGHT THEREOF THE BOARD HAS
DECIDED NOT TO DECLARE AN INTERIM DIVIDEND FOR THIS 15 MONTH PERIOD.
THE BOARD WILL CONSIDER A DIVIDEND FOR THE CURRENT FINANCIAL PERIOD WHEN THE
RESULTS FOR THE 15 MONTHS ENDED 31 MARCH 2001 ARE FINALISED.
BY ORDER OF THE BOARD
PR JANSE VAN RENSBURG
COMPANY SECRETARY
JOHANNESBURG
3 DECEMBER 2000
PO BOX 69888, BRYANSTON, 2021, REPUBLIC OF SOUTH AFRICA
TELEPHONE: 709-8888
TELEFAX: 706-4022



                                        
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