STANLIB COLLECTIVE INVESTMENTS LTD - Distribution announcement - STPROP

Release Date: 19/09/2014 15:10
Code(s): STPROP
 
Wrap Text
Distribution announcement - STPROP

STANLIB SA PROPERTY ETF 
("STANPROP")(being a portfolio under the STANLIB ETF
Collective Investment Scheme registered in the Republic of South Africa in
terms of Collective Investment Schemes Control Act, 45 of 2002
(“CISCA”))
Share Code: STPROP
Abbreviated Name: STANPROP
ISIN: ZAE000175576
("STANPROP")
Income Tax number:
9046217239

DISTRIBUTION ANNOUNCEMENT

Holders of STANPROP securities ("Securities Holders") are referred to the
announcement dated Monday, 01 September 2014 setting out details of a
possible quarterly distribution by the ETF to Securities Holders.

Further to the above-mentioned announcement, the manager of the STANLIB ETF
Collective Investment Scheme (“the Manager”) has resolved to make a quarterly
distribution to Securities Holders for the quarter ended 30 September 2014
("the Distribution") in an amount of 88.77000 cents per STANPROP ETF
security. The distribution will be constituted as follows:

Gross Dividend(local to be taxed)   :       12.89000 cents
Local Tax    (15%)                  :       1.93350 cents
Net dividend                        :       10.95650 cents

Gross REIT Distribution                   :     75.40000 cents
(No Dividend Withholding Tax deducted for SA resident securities holders)
Non-residents:
Local Dividends Withholding Tax (15%)     :     11.31000 cents
Net dividend                              :     64.09000 cents

Interest Payment                            :     0.48000 cents

The Distribution will be made to all Securities Holders recorded in the
register on Friday, 26 September 2014 and will be paid on Friday, 10 October
2014.

Johannesburg
19 September 2014

Sponsor
The Standard Bank of South Africa Limited

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