FirstRand final pro rata dividend of 52.788000 cents per B preference share
To: Market Participants
From: Corporate Actions team
Date: 29 September 2022
Subject: FirstRand Limited (FirstRand) B preference dividend
FIRSTRAND FINAL PRO RATA DIVIDEND OF 52.788000 CENTS PER B VARIABLE RATE NON-CUMULATIVE, NON-
REDEEMABLE PREFERENCE SHARE
FirstRand released an announcement on the Stock Exchange News Service (SENS) on Friday, 16 September 2022
(announcement) regarding the final pro rata dividend (B preference dividend) amount to be paid to B preference
shareholders per B variable rate non-cumulative, non-redeemable preference share in FirstRand (B preference share) as
part of the scheme consideration.
It was noted in the announcement that, in the event of any change to the prime rate between the announcement date and
the B preference dividend payment date on Monday, 26 September 2022 (dividend payment date), the prevailing prime
rate at the announcement date would be applied from the announcement date to the dividend payment date.
Accordingly, a gross cash B preference dividend of 52.78800 was paid to B preference shareholders per B preference
share on the dividend payment date for the period 30 August 2022 up to and including the dividend payment date. Dividend
tax amounting to 10.55760 cents per B preference share was deducted from the gross B preference dividend for all B
preference shareholders who are subject to dividend withholding tax of 20%. The net dividend paid to B preference
shareholders on the dividend payment date was therefore 42.23040 cents per B preference share.
Sandton
29 September 2022
Date: 29-09-2022 03:55:00
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