Sharenet Sites 
Sharenet Sites
Distribution Finalisation Announcement - Quarter Ended 30 September 2014 - STXSWX
SATRIX SWIX TOP 40 PORTFOLIO
JSE code: STXSWX
ISIN code: ZAE000078580
("Satrix Swix Top 40")
A portfolio in the Satrix Collective Investment Scheme, registered as such
in terms of the Collective Investment Schemes Control Act, 45 of 2002
DISTRIBUTION FINALISATION ANNOUNCEMENT – QUARTER ENDED 30 SEPTEMBER 2014
The manager and trustees of the Satrix Collective Investment Scheme (being
Satrix Managers (RF) (Pty) Limited and Standard Chartered Bank),
respectively, have declared a distribution to holders of Satrix Swix Top 40
securities recorded in the register on Friday, 26 September 2014 in respect
of the quarter ended 30 September 2014 as follows:
An aggregate amount of 7.75000 cents (R0.07750) per Satrix Swix Top 40
security constituted as follows:
Net Local dividend per security (1) 3.92554
Dividend withholding tax on local 0.69252
dividend (15%)
Net Foreign dividend per security (2) 2.24469
Dividend withholding tax on foreign 0.39612
dividend (15%)
REIT Income (4) 0.42279
Other (Scrip lending income) 0.06834
TOTAL DISTRIBUTION 7.75000
1 NET LOCAL DIVIDEND
Gross dividend (cents per security) 4.61806
Gross STC credits -0.00126
4.61680
Dividend withholding tax (15% on 0.69252
taxable dividend)
Gross dividend (cents per security) 4.61806
Dividend withholding tax (15% on -0.69252
taxable dividend)
Net dividend per security 3.92554
2 NET FOREIGN DIVIDEND (Foreign-dual
listed shares)
Gross dividend (cents per security) 2.64081
Dividend withholding tax (15% on -0.39612
taxable dividend)
Net dividend per security 2.24469
3 REIT DIVIDEND
Gross REIT Dividend 0.42279
Dividend Withholding tax -0.06342
(15% - applicable to foreign holders)
Net REIT Dividend 0.35937
No dividend tax is applicable for SA resident
securities holders on the REIT dividend. Dividend tax
of 15 % is applicable for non-resident shareholders on
the REIT dividend.
The dividend tax deducted will be paid as follows:
1. To the South African Revenue Service in respect of holders that are
not exempt from dividends tax;
2. Holders that are exempt from dividends tax or holders qualifying for
a reduced rate per Double Tax Agreement (“DTA”) will receive the
appropriate dividend from their intermediary provided they have
completed and lodged the relevant exemption or reduced rate
prescribed application form timeously with their service provider.
The responsibility to make such submissions is that of the security
holder and failure to do so may result in dividends tax being
deducted in full.
The payment will be made by the relevant intermediary, being the Central
Securities Depository Participant (“CSDP”) or Broker nominee company which
is the final regulated intermediary in terms of the Income Tax Act.
Payment will be effected on 16 October 2014 to all holders of Satrix Swix
Top 40 securities recorded in the register on Friday, 26 September 2014.
09 October 2014
Sponsor:
Vunani Corporate Finance
Date: 09/10/2014 02:31:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
