17 NOVEMBER 1928, Page 36

SPIERS AND POND SHARE SPLITTING.

In announcing an interim dividend-.of 5 per cent. on the ,Ordinary shares (the same as .last year) the Directors of Spiers and Pond state that they will be recommending to shareholders a scheme for the splitting of the share capital into equal moieties of _6i per :cent. Cumulative Preference shares and Ordinary shares, and at the same time there will be issued, by way, of bonus, one new preference share for every ten existing ordinary shares. Fuller details are to be issued shortly, and the necessary meetings will be called.

- - A. W. K.