Dividend declaration and salient dates
New Frontier Properties Ltd
(Incorporated in the Republic of Mauritius on 5 June 2014)
(Registration number 123368C1/GBL)
SEM share code: NFP.N000
JSE share code: NFP
ISIN: MU0453N00004
(“New Frontier”)
DIVIDEND DECLARATION AND SALIENT DATES
The board of directors of New Frontier (“the Board”) has declared an interim gross dividend of 3.0 GBP pence per share for the
six months ended 28 February 2018 out of New Frontier’s distributable profits.
The salient dates for the dividend payment on the SEM and the JSE are set out below:
2018
Announcement of GBP to South African Rand conversion rate on or before Friday, 20 April
Last day to trade cum dividend Monday, 30 April
Securities trade ex dividend Wednesday, 2 May
Record date Friday, 4 May
Payment date on or after Monday, 7 May
No dematerialisation or rematerialisation of share certificates may take place between Wednesday, 2 May 2018 and Friday, 4
May 2018, both dates inclusive. No transfer of shares between sub-registers in Mauritius and South Africa may take place
between Friday, 20 April 2018 and Friday, 4 May 2018, both dates inclusive.
South African shareholders are advised that the dividend will be regarded as a foreign dividend and may be subject to South
African dividends withholding tax. Accordingly South African shareholders may be subject to a dividend withholding tax rate of
20%, unless an exemption, as set out in the South African tax legislation, applies. The receipt of the cash dividend may have
tax implications for shareholders who are resident in Mauritius or other countries other than South Africa. New Frontier
shareholders are advised to consult their professional advisors regarding the tax consequence of the dividend should they be
in any doubt as to the appropriate action they should take.
Shareholders on the South African register will receive the dividend in South African Rand, based on the exchange rate to be
obtained on or before Friday, 20 April 2018. Further information relating to the proportion of the dividend to be paid as a
property income distribution (“PID”) and the dividend tax to be withheld from shareholders on the South African register will
be announced in the exchange rate announcement on or before Friday, 20 April 2018.
At the date of this announcement, New Frontier’s issued share capital was 160,935,407 ordinary shares of no par value.
New Frontier holds primary listings on the SEM and the Alternative Exchange of the JSE.
By order of the Board
13 April 2018
This notice is issued pursuant to SEM Listing Rule 11.3 and Rule 5(1) of the Securities (Disclosure Obligations of Reporting
Issuers) Rules 2007. The Board of New Frontier Properties Ltd accepts full responsibility for the accuracy of the information
in this notice
For further information please contact:
JSE sponsor
Java Capital +27 11 722 3050
Company secretary
Osiris Corporate Solutions (Mauritius) Ltd +230 650 4030
Date: 13/04/2018 02:01:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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