To view the PDF file, sign up for a MySharenet subscription.

INVESTEC BANK LIMITED - Dividend BTIIHB

Release Date: 28/02/2013 15:26
Code(s): BTIIHB     PDF:  
Wrap Text
Dividend BTIIHB

INVESTEC WARRANTS

JSE SHARE CODE: BTIIHB
JSE ISIN CODE: ZAE000172409

DECLARED DIVIDEND ANNOUNCEMENT ON BRITISH AMERICAN TOBACCO PLC (“BRITISH AMERICAN”) HOT
ENHANCED DIVIDEND SECURITIES – (“BTIIHB”)


With reference to the dividend announcement, the Directors of British American have declared a dividend of 92.7
pence per ordinary share payable on Wednesday, 8 May 2013 to ordinary shareholders, recorded in the books of
the company at the close of business on Friday, 15 March 2013.

The currency exchange rate applicable for the dividend is GBP: ZAR = 13.34290 as at 26 February 2013.

In terms of the new Dividend Tax effective 1 April 2012, the following additional information is disclosed:

1)   local dividend tax rate is 15%;
2)   no STC credits available for utilisation;
3)   net local dividend amount is 1051.35381 cents per share for shareholders liable to pay the new Dividends Tax
     and 1236.88683 cents per share for shareholders exempt from paying the new Dividends Tax;
4)   the issued share capital of British American is 2,026,389,292 ordinary shares;
5)   the British American tax reference number is 9378193172; and
6)   Investec Bank Limited tax reference number is 9675/053/71/5.


Accordingly, the holders of BTIIHB will receive a dividend amount per ordinary share on Wednesday, 8 May
2013in terms of the Cession clause incorporated in the Supplement between the holders and Investec Bank
Limited. The last day to trade (“cum” the dividend) in order to participate in the dividend will be Friday 8 March
2013.

BTIIHB Hot Enhanced Dividend Securities will commence trading “ex” the dividend from the commencement of
business on Monday 11 March 2013, and the record date will be Friday, 15 March 2013.


 Copies of the offering circular may be obtained from:
         Investec Bank Limited
         100 Grayston Drive
         Sandown
         Sandton
         2196

 For further information contact:
          Investec Warrants
          Tel.: 0860 103 343
          E-mail: warrants@investec.co.za
          Internet: www.investec.co.za

 Sponsor
           Investec Securities Limited
           Member of the JSE
           Registration number (1972/008905/06)

Date: 28/02/2013 03:26:00 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.

Share This Story