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HOLDSPORT LIMITED - Announcement of special dividend

Release Date: 18/11/2014 09:01
Code(s): HSP     PDF:  
Wrap Text
Announcement of special dividend

HOLDSPORT LIMITED
("Holdsport" or "the company" or "the group")
Registration number: 2006/022562/06
Share code: HSP
ISIN: ZAE000157046

ANNOUNCEMENT OF SPECIAL DIVIDEND

Holdsport announced in its interim results, dated 3 October 2014, that it concluded an agreement on 1
September 2014 to dispose of its 50% share of its distribution centre in Philippi to Redefine Properties Limited
("Redefine") for gross proceeds of R42.5 million. Post the disposal, Redefine will own 100% of the distribution
centre and Holdsport will continue to use the distribution facility under the existing lease terms, which remain
unchanged.

The board of directors’ intended to declare the gross proceeds of the sale as a special dividend once the
disposal proceeds had been received and transfer registered. This was concluded on 30 October 2014.

Accordingly, the directors declare a special gross dividend of 99.0 cents per share payable on Monday, 15
December 2014 to ordinary shareholders recorded in the books of the company at the close of business on
Friday, 12 December 2014.

The last day to trade ("cum" the dividend) in order to participate in the dividend will be Friday, 5 December
2014. The Holdsport Limited ordinary shares will commence trading "ex" the dividend from the
commencement of business on Monday, 8 December 2014 and the record date, as indicated, will be Friday,
12 December 2014.

Ordinary shareholders should take note that share certificates may not be dematerialised or rematerialised
during the period Monday, 8 December 2014 to Friday, 12 December 2014, both dates inclusive.

In terms of the withholding tax on dividends which became effective on 1 April 2012, the following additional
information is disclosed:

- the dividend has been declared out of total reserves;
- the South African tax dividend rate is 15%;
- there are no STC credits utilised;
- the net local dividend amount is 84.15 cents per ordinary share for shareholders liable to pay the dividend
   tax, and 99.0 cents per ordinary share for shareholders exempt from the dividend tax;
- the issued share capital of Holdsport at the date of declaration is 43 150 220 ordinary shares; and
- Holdsport's tax reference number is 9618595152.

Certificated ordinary shareholders are reminded that all entitlements to dividends with a value less than R5.00
per certificated shareholder will be aggregated and the proceeds donated to a registered charity of the
directors' choice, in terms of the memorandum of incorporation of the company.

Signed on behalf of board

S MULLER                                                  K HODGSON
Chairman                                                  CEO

Cape Town
18 November 2014
HOLDSPORT LIMITED
("Holdsport" or "the company" or "the group")

Executive directors:             KG Hodgson, B Moritz, JP Loubser
Non-executive directors:         SA Muller (Chairman), B Hopkins, P Matlakala, K Moloko
Company secretary:               AE van Zyl
Registered office:               The Mill House, 1 Canterbury Street, Cape Town, 8001
Registration number:             2006/022562/06
Share code:                      HSP
ISIN :                           ZAE000157046
Transfer secretaries:            Computershare Investor Services (Proprietary) Limited, Ground Floor,
                                 70 Marshall Street, Johannesburg 2001
Sponsor:                         UBS South Africa (Proprietary) Limited

TO VIEW THE RESULTS ONLINE VISIT www.holdsport.co.za

Date: 18/11/2014 09:01:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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