Sectors Shares

BETTABETA CIS - Distribution announcement - BGREEN

Release Date: 17/01/2014 10:09
Code(s): BGREEN
 
Wrap Text
Distribution announcement - BGREEN

The BettaBeta Green portfolio
(A portfolio under the BettaBeta Collective Investment Scheme (“BettaBeta CIS”) registered in terms
of the Collective Investment Schemes Control Act, 45 of 2002)
Registration number of management company, Nedgroup Beta Solutions (Pty) Ltd: 2007/009755/07
Share Code: BGREEN
ISIN: ZAE000162277
(“Be Green” or “the ETF”)


Distribution announcement


Holders of BeGreen securities (“securities holders”) are referred to the announcement dated 4
December 2013 setting out details of a possible quarterly distribution by BeGreen to securities
holders.
Further to the abovementioned announcement, the manager (Nedgroup Beta Solutions (Proprietary)
Limited) and the trustee (FirstRand Bank Limited) of BeGreen have now resolved to make a quarterly
distribution to securities holders for the quarter ended 31 December 2013 (“the distribution”) in an
amount of 7.45683 cents (gross) per BeGreen security. The distribution will be constituted entirely as
a cash dividend out of income reserves.
The distribution will be made to all securities holders recorded in the register on Friday, 3 January
2014 and will be paid on Monday, 27 January 2014.
In terms of the Listings Requirements of the JSE Limited regarding Dividends Tax, the following
additional information is provided:
1.    Local dividend tax rate is 15%;
2.    No STC credits have been utilised;
3.    The net local dividend amount is 6.33831 cents per BeGreen security for security holders liable
      to pay the Dividends Tax and 7.45683 cents per BeGreen security for security holders exempt
      from paying the Dividends Tax; and
4.    BeGreen tax reference number is 1671612164 and the ETF has 7 433 011 participatory
      interests in issue as at the date of this announcement.


The Total Expense Ratio (“TER”) of the portfolio over the 12 months to 31 December 2013 was 64.68
bps (0.647%).


Johannesburg
17 January 2014


Investment bank and sponsor
Nedbank Capital

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