Financial results for the period ended 30 June 2008 released on 5 August 2008.
Mutual & Federal announced the payment of an interim dividend of 45 cents per share payable on the 8 September 2008.
Mutual & Federal is a public traded company and has been listed on the JSE (Johannesburg Securities Exchange) since May 1970.
It is listed in the Insurance – Short Term Insurance sector (MAF).
Shareholders are advised that the board of Mutual & Federal ("the company") has been informed by Old Mutual plc ("Old Mutual”), the company’s controlling shareholder, of Old Mutual’s intention to initiate a competitive sale process in September 2008 to dispose of its entire shareholding in the company. Accordingly, shareholders are advised to exercise caution when dealing in the company’s shares until a further announcement is made in this regard. |
|