HY. BERRY MOVE

Press, Volume CIII, Issue 30531, 28 August 1964, Page 16

HY. BERRY MOVE

Bonus And Cash Issues (N.Z. Press Association) WELLINGTON, August 27. Henry Berry, Ltd., wholesale grocery merchants of Wellington, has proposed 'a cash issue at a premium and a bonus issue of one-for-five. The cash issue will be of 60,236 ordinary shares of 10s each, at a premium of 10s a share. This will increase the ordinary share capital to £205,000, made up of 410,000 shares of 10s each. The basis would be about one-to-six of existing shares. A bonus issue of one-for-five shares held at the close of the cash issue is proposed. This would entail the issue of 82,000 shares (subject to fractions) of 10s each and would raise the ordinary share capital to £246,000 in 492,000 shares of 10s each. The cash issue is expected to be made in October and the bonus issue a month later. Capital Plans By Floor Tiles (N.Z. Press Association) WELLINGTON, August 27. Floor Tiles and Parquet (N.Z.), Ltd., Auckland, has announced that it proposes to increase its nominal capital to £150,000 and divide its £■l shares into 10s units. Directors also propose issuing 50,000 6J per cent unsecured notes of 10s each, convertible to ordinary shares at par within five years, on the basis of two notes for each three .£1 shares. Will. Jeffrey.—Directors of Williamson Jeffrey, Dunedin, manufaetilring stationers and paper merchants, recommend final ordinary dividend of 6 per cent, plus 2i per cent bonus, making 12 i per cent’ for the year against 10 per cent last year Final preference dividend is 2J per cent. Ex dividend date is October 5.—(P.A.)