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RMB CIS MANCO (PTY) LIMITED - Distribution Finalisation Announcement

Release Date: 03/01/2014 15:00
Code(s): RMBMID     PDF:  
Wrap Text
Distribution Finalisation Announcement

RMB Mid Cap Exchange Traded Fund
A portfolio in the RMB Collective Investment Scheme (“the portfolio”) registered in terms of the Collective
Investment Schemes Control Act, 45 of 2002
(Incorporated in the Republic of South Africa)
(Date of incorporation: 15 August 2012)
Share Code: RMBMID
ISIN: ZAE000176459




DISTRIBUTION FINALISATION ANNOUNCEMENT


Following the previous announcement detailing a possible quarterly distribution by RMB Mid Cap
Exchange Traded Fund to holders of RMB Mid Cap Securities, the manager and trustees (namely RMB
CIS MANCO (Pty) Limited and Barclays Africa Group Limited) have resolved to make a quarterly
distribution to holders of RMB Mid Cap securities for the quarter ended 31 December 2013. The
distribution will amount to 3.58000 cents (R0.0358) per RMB Mid Cap security and is constituted as
follows:


Local dividend per security:


    •      Gross local dividend of 3.58000 cents (R0.0358) per security to holders who are exempt from
           Dividend Tax
    •      Net local dividend of 3.05164 cents (R0.0305164) per security to holders who are not exempt
           from Dividend Tax
    •      Secondary Tax on Companies (STC) credits in respect of local dividends amount to 0.05757
           cents (R0.0005757) per security


Payment will be effected on 13 January 2014 to all holders of RMB Mid Cap securities recorded in the
register on 10 January 2014.



Additional information:

The dividend distribution as outlined above is subject to the Dividends Tax that was introduced with effect
from 1 April 2012. The dividend, as defined in the Income Tax Act of 1962, is payable from dividends
accumulated in the fund. The South African Dividends Tax rate is 15%.

There are 18,000,000 RMB Mid Cap securities in issue. The total distribution amount payable is R
644,400.00.
RMB Mid Cap Exchange Traded Fund Income Tax number is 0036/883/26/2.


A copy of the ETF issue document can be found at http://www.rmb.co.za/ourFundsETFs.asp


03 January 2014
Johannesburg
Sponsor: Bridge Capital Advisors (Pty) Limited

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