Sharenet Sites 
Sharenet Sites
Distribution Finalisation Announcement - Quarter Ended 31 March 2015 - STX40
Satrix Managers (RF) (Pty) Ltd
SATRIX 40 PORTFOLIO
JSE code: STX40
ISIN code: ZAE000027108
("Satrix 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 31 MARCH 2015
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 40
securities recorded in the register on Friday, 27 March 2015 in respect of
the quarter ended 31 March 2015 as follows:
An aggregate amount of 21.48 cents (R0.2148) per Satrix 40 security
constituted as follows:
Net Local dividend per security (1) 2.54849
Dividend withholding tax on local dividend (15%) 0.36564
Net Foreign dividend per security (2) 15.60490
Dividend withholding tax on foreign dividend (15%) 2.75381
Interest (positive cash balances) (a) 0.06900
Other (scrip lending income) 0.13816
TOTAL DISTRIBUTION 21.48000
a No withholding tax on interest is applicable as interest
has solely been earned from a South African Bank.
1 NET LOCAL DIVIDEND
Gross dividend (cents per security) 2.91413
Gross STC credits - 0.47653
2.43760
Dividend withholding tax (15% on taxable dividend) - 0.36564
Gross dividend (cents per security) 2.91413
Dividend withholding tax (15% on taxable dividend - 0.36564
Net dividend per security 2.54849
2 NET FOREIGN DIVIDEND (Foreign-dual listed shares)
Gross dividend (cents per security) 18.35871
Dividend withholding tax (15% on taxable dividend) - 2.75381
Net dividend per security 15.60490
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 29 April 2015 to all holders of Satrix 40
securities recorded in the register on Friday, 27 March 2015.
21 April 2015
Sponsor:
Vunani Corporate Finance
Date: 21/04/2015 03:45:00 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.
