COULLS. SOM. WILKIE
Two:s Bonus. One:s Premium
(N.Z. l>r«M Association) DUNEDIN, May 11. The director* of Conlfs, Somerville. Wilkie. Ltd., have decided to make • two-for-5 bonus Issue. In addition, the company Is offering to ordinary shareholders 74,M0 ordinary shares of £1 at a premium of Ms a share, in the ratio of one-for-5 held on May 8. For the bonus issue the directors decided to capitalise part of the general reserves by issuing ordinary shareholders two B shares for each complete five ordinary shares held on May 8, 1961. These B shares will not particpiate in any dividend declared for the year ending June 30, 1961, but in all other respects will rank equally with ordinary shares as to dividends and other right* as from July 1. 1961.
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Press, Volume C, Issue 29511, 12 May 1961, Page 17
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128COULLS. SOM. WILKIE Press, Volume C, Issue 29511, 12 May 1961, Page 17
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