Wescoal Holdings Limited - Dividend Finalisation AnnouncementRelease Date: 09/09/2016 12:09:00 Code(s): WSL
WESCOAL HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 2005/006913/06)
Share code: WSL
(?Wescoal? or "the Company")
Dividend finalisation announcement
Shareholders are referred to Wescoal?s reviewed results for the year ended 31 March 2016,
released on SENS on 2 June 2016, wherein the directors declared the distribution of a dividend
of R10 million for the period to 31 March 2016.
The directors are now in a position to confirm the declaration of a gross final dividend of
4.20993 cents per ordinary share for the year ended 31 March 2016 (2015: Nil). The dividend
has been declared from income reserves.
In terms of dividend tax, the following additional information is disclosed:
- the dividend is subject to dividend tax of 15%; and
- the net dividend will therefore be 3.57844 cents per share for shareholders who are not
exempt from dividend tax.
The amount of shares in issue at the date of this declaration is 237 533 578 (224 759 578
exclusive of treasury shares) and the Company's tax reference number is 9876593147.
In order to comply with the requirements of Strate, the relevant dates are as follows:
Last date to trade (cum dividend) Tuesday, 20 September 2016
Shares to commence trading (ex-dividend) Wednesday, 21 September 2016
Record date Friday, 23 September 2016
Payment date Monday, 26 September 2016
No share certificates may be dematerialised or rematerialised between Wednesday, 21
September 2016 and Friday, 23 September 2016, both dates inclusive.
9 September 2016
Nedbank Corporate and Investment Banking
Date: 09/09/2016 12:09:00 Supplied by www.sharenet.co.za
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