Notice Of Dividend Currency Exchange Rate
CA SALES HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration number: 2011/143100/06
Registered as an external company in the Republic of Botswana
Botswana registration number: BW00001085331
JSE Limited (“JSE”) share code: CAA
Botswana Stock Exchange (“BSE”) share code: CAS-EQO
ISIN: ZAE400000036
(“CA&S” or “the Company”)
NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE
Shareholders are referred to the Company’s audited financial results for the year ended 31
December 2022, announced on 22 March 2023, in which announcement CA&S, inter alia,
confirmed that a final gross cash dividend of 15.35 ZAR cents per ordinary share had been
declared to shareholders appearing on the Company’s JSE and BSE share registers on Friday,
14 April 2023 (“Dividend”).
The Dividend shall be paid in Pula (BWP) to shareholders on the BSE register, calculated at the
Pula to Rand exchange rate of BWP1 / ZAR 1.385495 as at 24 March 2023 and, accordingly, the
gross Dividend payable to such shareholders is 11.08 thebe per share, less withholding taxes. As
per the double taxation agreement between Botswana and South Africa, withholding tax of 15%
is deducted from Dividends distributed to shareholders on the BSE register. The net Dividend to
be paid to shareholders on the BSE register as at close of business, Friday, 14 April 2023 will be
9.418 thebe per share. The Dividend is treated as a foreign dividend.
In respect of shareholders on the JSE register, the Dividend payable is subject to withholding tax
of 20% as required under the South African Income Tax Act, resulting in a net Dividend of 12.28
ZAR cents per share, unless the shareholder is exempt from paying dividend tax or is entitled to
a reduced rate in terms of the applicable double taxation agreement (resulting, in the latter
instance, to a net Dividend amount of 13.0475 ZAR cents per share). Dematerialised and
certificated shareholders’ Dividend will be paid into the nominated bank account of each
shareholder. Shareholders are requested to ensure that the Company has their latest valid
banking details to ensure that the Dividend payment can be processed.
Shareholders must take individual advice as to applicable taxes.
Centurion
27 March 2023
JSE Sponsor
PSG Capital
BSE Sponsoring Broker
Imara Capital Securities
Date: 27-03-2023 05:30:00
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