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STANLIB COLLECTIVE INVESTMENTS LTD - Distribution Announcement - Revised - STPROP

Release Date: 27/03/2015 15:01
Code(s): STPROP     PDF:  
Wrap Text
Distribution Announcement - Revised - STPROP

STANLIB SA PROPERTY ETF
(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")

DISTRIBUTION ANNOUNCEMENT - REVISED

Holders of STANPROP securities ("Securities Holders") are
referred to the announcement dated Monday, 02 March 2015 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 31 March 2015 ("the Distribution") in an
amount of 43.89000 cents per STANPROP ETF security. The
distribution will be constituted as follows:

Gross Dividend(local to be taxed)       :    14.21000 cents
Local Tax (15%)                         :    2.13150 cents
Net dividend                            :    12.07850 cents

Gross REIT Distribution                 :    21.46000 cents
(No Dividend Withholding Tax deducted
for SA resident securities holders)

Non-residents:
Local Dividends Withholding Tax (15%)   :    3.21900 cents
Net dividend                            :    18.24100 cents

Capital payment                         :    7.99000 cents

Interest Payment(paid on cash held in
bank account, no WTI applicable)        :    0.23000 cents

Income Tax number:   9046217239

The Security Holders(Residents) who are not exempt from dividend
tax will receive the Net Dividend of 12.07850 cents per security
as well as REIT Distribution of 21.46 cents.
The Distribution will be made to all Securities Holders recorded
in the register on Friday, 27 March 2015 and will be paid on
Friday, 10 April 2015.

Johannesburg
27 March 2015

Sponsor
The Standard Bank of South Africa Limited

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