MPACT LIMITED - Results of the scrip distribution and the cash dividend alternative

Mpact Limited
(Incorporated in the Republic of South Africa)
(Company registration number 2004/025229/06)
Income tax number: 9003862175
JSE Share Code: MPT
JSE ISIN: ZAE 000156501
('Mpact' or 'the Company')


RESULTS OF THE SCRIP DISTRIBUTION AND THE CASH DIVIDEND ALTERNATIVE


Mpact ordinary shareholders ('Shareholders') are referred to the

announcement released on the Stock Exchange News Service of the JSE

Limited on 26 August 2016 ('the announcement') regarding the ratio

applicable to the Company's declaration of an interim distribution

of fully-paid Mpact ordinary shares ('Scrip Distribution Shares') to

Shareholders recorded in the register at the close of business on

the Record Date, being Friday, 9 September 2016 ('Record Date').


As set out in the announcement, Shareholders not electing to receive

the Cash Dividend in respect of all or part of their shareholding

were entitled to receive that number of Scrip Distribution Shares

determined in the ratio of 0.91715 Scrip Distribution Shares for
every 100 ordinary shares held on the Record Date.


In terms of the Scrip Distribution, 847,934 new ordinary shares were

issued today to Shareholders who did not elect to receive the Cash

Dividend in respect of all or part of their shareholding, resulting

in a capitalisation of the distributable retained profits of the

Company of R27,735,921.14. Shareholders recorded in the register of

the Company at the close of business on the Record Date

holding 75,165,392 ordinary shares elected to receive the gross Cash

Dividend of 30 cents per ordinary share, resulting in a total gross

Cash Dividend of R22,554,788.95 (including cash payments in respect

of fractional Scrip Distribution Share entitlements) which was paid

out of the distributable retained profits of the Company.


Melrose Arch
12 September 2016

Sponsor

RAND MERCHANT BANK (A division of FirstRand Bank Limited)


Date: 12/09/2016 09:00:00 Supplied by www.sharenet.co.za                     
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