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TORRE INDUSTRIES LIMITED - Extension of dates of Special Cash Dividend Declaration

Release Date: 20/11/2018 17:41
Code(s): TOR     PDF:  
 
Wrap Text
Extension of dates of Special Cash Dividend Declaration

Torre Industries Limited
(Incorporated in the Republic of South Africa)
(Registration number 2012/144604/06)
Share Code: TOR
ISIN: ZAE000188629
(“Torre” or “the Company”)


EXTENSION OF DATES OF SPECIAL CASH DIVIDEND DECLARATION

Shareholders are referred to the announcement released on SENS on 12 November 2018, wherein
shareholders where advised, inter alia, of the declaration by the Company of a special dividend of 35 cents
per Torre ordinary share (“Torre Share”) which was declared out of cash and cash equivalent reserves of
the Company.

The directors of Torre inform shareholders that, due to a delay in obtaining the approval from the South
African Reserve Bank for foreign shareholders, the Company will be extending the dates for the special
dividend declaration.

Revised dates will be announced as soon as the relevant exchange control approvals have been obtained.


Johannesburg
20 November 2018


Legal Adviser to EMMF
Webber Wentzel Incorporated

Corporate Finance Advisor to the Consortium
Apex Partners Proprietary Limited

Torre Transaction Sponsor and Advisor
Questco Proprietary Limited

Independent Expert
BDO Corporate Finance Proprietary Limited

Date: 20/11/2018 05:41:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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