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STANLIB COLLECTIVE INVESTMENTS LTD - Distribution Announcement - STANSX

Release Date: 24/06/2015 09:54
Code(s): STANSX     PDF:  
Wrap Text
Distribution Announcement - STANSX

STANLIB SWIX 40 FUND
(being a portfolio under the STANLIB ETF        CIS registered in the Republic of
South Africa in terms of CISCA)
Share Code: STANSX
Abbreviated Name: STANLIBSX
ISIN: ZAE000182424
("STANLIBSX")

REVISED DISTRIBUTION ANNOUNCEMENT

Holders of STANLIBSX securities ("Securities Holders") are referred to the
announcement dated Monday, 01 June 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 30 June 2015 ("the
Distribution") in an amount of 10.54000 cents per STANLIBSX ETF security. The
distribution will be constituted as follows:

Gross Dividend(local to be taxed)           :        7.03000   cents
STC credits                                 :        0.04000   cents
Local Tax    (15%)                          :        1.04850   cents
Net dividend                                :        5.98150   cents

Gross REIT Distribution                   :          0.40000 cents
(No Dividend Withholding Tax deducted for
SA resident securities holders)

Non-residents:
Local Dividends Withholding Tax (15%)       :        0.06000 cents
Net dividend                                :        0.34000 cents

Capital payment                             :        0.18000 cents

Interest(paid on cash held in bank
account, no WTI applicable)                 :        0.05000 cents

Other income (scrip lending income)         :        2.88000 cents
(Taxed at individual’s income tax rate,
no WTI applicable)

The Security Holders(Residents) who are not exempt from dividend tax will
receive the Net Dividend of 5.98150 cents per security as well as REIT
Distribution of 0.40000 cents.

Income Tax number:   9003830230

The Distribution will be made to all Securities Holders recorded in the
register on Friday, 26 June 2015 and will be paid on Friday, 10 July
2015.

Johannesburg
24 June 2015

Sponsor
The Standard Bank of South Africa Limited

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