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STENPROP LIMITED - Update to the finalisation announcement in respect of the final dividend for the year ended 31 March 2015

Release Date: 26/06/2015 16:10
Code(s): STP     PDF:  
Wrap Text
Update to the finalisation announcement in respect of the final dividend for the year ended 31 March 2015

STENPROP LIMITED
(Formerly GoGlobal Properties Limited)
(Incorporated in Bermuda)
(Registration number 47031)
BSX share code: STP.BH JSE share code: STP
ISIN: BMG8465Y1093
(“Stenprop” or “the Company”)



UPDATE TO THE FINALISATION ANNOUNCEMENT IN RESPECT OF THE FINAL DIVIDEND FOR THE
YEAR ENDED 31 MARCH 2015


Stenprop shareholders are referred to the finalisation announcement released earlier today wherein shareholders were advised
of the scrip dividend reference price applicable to the scrip dividend and, for shareholders on the SA share register, the
exchange rate applicable to the cash dividend.

By way of illustration, shareholders are further advised that a shareholder holding 100 Stenprop shares:
-     on the Bermudian share register will receive 2.76057 scrip dividend shares which is calculated as 100 shares multiplied by
      4.2 Euro cents and dividing it by EUR1.52142; and
-     on the SA share register will receive 2.76057 scrip dividend shares which is calculated as 100 shares multiplied by 4.2 Euro
      cents , multiplied by ZAR13.5230 and dividing it by ZAR20.57418.

Stenprop has a primary listing on the Bermuda Stock Exchange and a secondary listing on the Alternative Exchange of the JSE.

26 June 2015


South African corporate advisor and JSE sponsor
Java Capital


Bermuda Stock Exchange sponsor:
Appleby Securities (Bermuda) Ltd

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