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BETTABETA CIS - CANCELLATION OF S363777 Distribution announcement - BBET40

Release Date: 22/10/2015 14:01
Code(s): BBET40     PDF:  
Wrap Text
CANCELLATION OF S363777 Distribution announcement - BBET40

The BettaBeta Equally Weighted Top 40 portfolio
(A portfolio under the BettaBeta Collective Investment Scheme (“BettaBeta CIS”) registered in terms
of the Collective Investment Schemes Control Act, 45 of 2002)
Registration number of management company, Nedgroup Beta Solutions (Pty) Ltd: 2007/009755/07
Share Code: BBET40
ISIN: ZAE000144507
(“BettaBeta EWT40” or “the ETF”)


Distribution announcement


Holders of BettaBeta EWT40 securities (“securities holders”) are referred to the announcement
dated 8 September 2015 setting out details of a possible quarterly distribution by BettaBeta EWT40
to securities holders.

Further to the abovementioned announcement, the manager (Nedgroup Beta Solutions
(Proprietary) Limited) and the trustee (FirstRand Bank Limited) of BettaBeta EWT40 have now
resolved to make a quarterly distribution to securities holders for the quarter ended 30 September
2015 (“the distribution”) in an amount of 43.79487 cents (gross) per BettaBeta EWT40 security. The
distribution will be constituted as follows:


Gross dividend (local to be taxed)                                                         41.40568
Local dividend tax at 15%                                                                   6.21085
Net dividend                                                                               35.19483
Gross REIT distribution (no dividend withholding tax deducted for SA                        2.16412
residents)
Dividend withholding tax at 15% for non-residents                                           0.32462
Net REIT distribution for non-residents                                                     1.83950
Interest payment (received from bank, no WTI applicable)                                    0.22507

The distribution will be made to all securities holders recorded in the register on Friday, 2 October
2015 and will be paid on Monday, 26 October 2015.

In terms of the Listings Requirements of the JSE Limited regarding Dividends Tax, the following
additional information is provided:

1.    BettaBeta EWT40 tax reference number is 0153098249; and
2.    The ETF had 6,000,000 participatory interests in issue as at the record date.

Johannesburg
21 October 2015

Investment bank and sponsor
Nedbank CIB

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