AFRICAN AND OVERSEAS ENTERPRISES LD - Declaration of dividend number 162 on the 6% cumulative participating preference shares

Declaration of dividend number 162 on the 6% cumulative participating preference shares

AFRICAN & OVERSEAS ENTERPRISES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1947/027461/06)
JSE share code: AOO     ISIN: ZAE000000485
JSE share code: AON     ISIN: ZAE000009718
JSE share code: AOVP    ISIN: ZAE000000493
(“AOE”)


DECLARATION OF DIVIDEND NUMBER 162 ON THE 6% CUMULATIVE PARTICIPATING
PREFERENCE SHARES


Notice is hereby given that cash dividend number 162 (“preference share dividend”) on the 6% cumulative
participating preference shares (“preference shares”) for the six months ending 30 June 2015 at the rate of 6% per
annum (6.00 cents per preference share) will be paid on Monday, 6 July 2015 to all holders of preference shares
(“preference shareholders”) recorded in the register of AOE at close of business on Friday, 3 July 2015.

The salient dates of the preference share dividend are as follows:

                                                                                                             2015
Last date to trade cum preference share dividend:                                                  Friday, 26 June
Preference shares trade ex preference share dividend:                                              Monday, 29 June
Record date:                                                                                        Friday, 3 July
Payment date:                                                                                       Monday, 6 July
 
Preference share certificates may not be dematerialised or rematerialised between Monday, 29 June 2015 and Friday,
3 July 2015, both dates inclusive.

Preference shareholders are advised of the following additional information:
1.      the preference share dividend has been declared out of income reserves;
2.      the local dividends tax rate is 15%;
3.      there are no secondary tax on companies credits utilised against the preference share dividend;
4.      the gross local preference share dividend amount is 6.00 cents per preference share for preference
        shareholders;
5.      the net local preference share dividend amount for preference shareholders:
        5.1. exempt from the payment of dividends tax is 6.00 cents per preference share; and
        5.2. liable to pay dividends tax is 5.10 cents per preference share;
6.      the issued preference share capital of AOE is 275 000 6% cumulative participating preference shares of R2.00
        each;
7.      the issued ordinary share capital of AOE is 1 250 000 ordinary shares of 50.00 cents each and 10 137 441 `N`
        ordinary shares of 0.25 cents each; and
8.      AOE’s tax reference number is 9010/017/03/7.

11 June 2015


Sponsor
Java Capital

Date: 11/06/2015 02:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.