SAB ZENZELE KABILI HOLDINGS (RF) LIMITED - Correction to dividend declaration: Special dividend as opposed to interim dividend No. 1

Correction to dividend declaration: Special dividend as opposed to interim dividend No. 1

SAB Zenzele Kabili Holdings (RF) Limited
(Incorporated in the Republic of South Africa)
Registration number: 2019/616052/06
JSE Share Code: SZK
ISIN: ZAE000284196
(“SABZK” or the “Company”)


Correction to dividend declaration: Special dividend as opposed to interim dividend No. 1

Further to the “Declaration of interim dividend No. 1” announcement released on the Stock Exchange
News Service of the JSE Limited (“SENS”) today, 30 May 2022, SABZK shareholders are advised that
the dividend is, in fact, a special dividend. The special dividend is subject to exchange control approval
as required by the Financial Surveillance Department of the South Africa Reserve Bank, which is
currently in the process of being obtained.

The board of directors of SABZK (“Board”) is pleased to advise that at a meeting held on 27 May 2022,
the directors approved the declaration of a gross cash dividend from income reserves of 14 cents per
ordinary share based on the dividend income received from Anheuser-Busch InBev (“AB InBev”) in
May 2022.

The dividend will be subject to a dividend withholding tax of 20% for all shareholders who are not
exempt. Accordingly, for those shareholders not exempt from paying dividend withholding tax, the
net ordinary dividend will be 11.2 cents per ordinary share.

The issued share capital at the declaration date is 40,550,001 ordinary shares and the Company’s tax
number is 9940363170. The salient dates are as follows:

 Event                                                Date
 Declaration date                                     Monday 30, May 2022
 Finalisation date                                    Monday, 6 June 2022
 Last day to trade cum dividend on the JSE            Monday, 13 June 2022
 First day to trade ex-dividend on the JSE            Tuesday, 14 June 2022
 Record date                                          Friday, 17 June 2022
 Payment date                                         Monday, 20 June 2022



No share certificates may be dematerialised or re-materialised between Tuesday, 14 June 2022 and
Friday, 17 June 2022, both days inclusive. On Monday, 20 June 2022 the dividend will be transferred
electronically to the bank accounts of certificated shareholders who make use of this facility. In respect
of those who do not use this facility, cheques dated Monday, 20 June will be posted on or about this
date. Shareholders who hold dematerialised shares will have their accounts held by the Central
Securities Depository Participant or broker credited on Monday, 20 June.


The above dates are subject to amendment. Any such amendment will be published on SENS.



Johannesburg

30 May 2022
JSE Sponsor

Tamela Holdings Proprietary Limited

Date: 30-05-2022 05:00:00
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