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Dividend declaration
STENPROP LIMITED
(Incorporated in Bermuda)
(Registration number 47031)
BSX share code: STP.BH JSE share code: STP
ISIN: BMG8465Y1093
(“Stenprop” or “the company”)
DIVIDEND DECLARATION
Shareholders are advised that the board of directors has declared a final cash dividend of 4.7 Euro cents per ordinary
share for the six months ended 31 March 2016 (the “dividend”).
Shareholders on the South African register will receive the dividend in South African Rand, based on the exchange
rate to be obtained by the company on Monday, 18 July 2016. A further announcement in this regard will be made
on Monday, 18 July 2016.
Shareholders on the Bermudian register may elect to receive the dividend in Sterling instead of in Euros by
completing a currency election form. Shareholders making such election will receive the dividend in Sterling, based
on the Sterling exchange rate to be obtained by the company on Monday, 18 July 2016. An announcement in this
regard will be made on Monday, 18 July 2016. Shareholders electing to receive the dividend in Sterling may also
complete a dividend mandate form if they wish to receive the payment by BACS. Shareholders taking no action will
receive the dividend in Euros.
A currency election form and a dividend mandate form will be posted to shareholders on the Bermudian register on
or around Tuesday, 28 June 2016. Instructions for completing the form are given on each form. Shareholders
wishing to receive the dividend in Sterling instead of in Euros must complete the currency election form and lodge it
by post to Computershare Investor Services (Bermuda) Limited, 2nd Floor, Queensway House, Hilgrove Street, St.
Helier, Jersey Channel Islands, JE1 1ES so as to arrive by no later than 08:00 (ADT)/ 12:00 noon (BST) on Friday, 22
July 2016. Forms received after this date and time will not be accepted.
The salient dates for this dividend payment are as follows:
Announcement of exchange rates Monday, 18 July 2016
Last date to trade “cum” dividend Tuesday, 19 July 2016
Securities trade “ex” dividend Wednesday, 20 July 2016
Record date Friday, 22 July 2016
Closing date for receipt of completed forms by no later
than 08:00 (ADT)/ 12:00 noon (BST) on Friday, 22 July 2016
Payment date Friday, 29 July 2016
Share certificates may not be dematerialised or rematerialised between Wednesday, 20 July 2016 and Friday,
22 July 2016, both days inclusive. Transfers of shares between sub-registers in South Africa and Bermuda take not
take place between Monday, 18 July 2016 and Friday, 22 July 2016. The dividend will be transferred to
dematerialised shareholders’ CSDP/broker accounts on Friday, 29 July 2016. Certificated shareholders’ dividend
payments will be posted on or paid to certificated shareholders’ bank accounts on or about, Friday, 29 July 2016.
South African shareholders are advised that this dividend will be regarded as a foreign dividend and may be subject
to South African dividends withholding tax at a rate of 15%, unless an exemption as set out in the South African tax
legislation applies. There is no withholding tax payable in Bermuda.
The receipt of the dividend may have tax implications for shareholders who are resident in countries other than
South Africa.
Stenprop shareholders are advised to consult their professional advisors regarding the tax consequences of the
dividend should they be in any doubt as to the appropriate action to take.
At the date of this announcement, the issued share capital of the company is 282 984 626 ordinary shares with a par
value of EUR 0.000001258 each.
Stenprop has a dual primary listing on the Bermuda Stock Exchange and the Main Board of the JSE.
10June 2016
JSE sponsor
Java Capital
Bermuda Stock Exchange sponsor
Estera Securities (Bermuda) Limited
Date: 10/06/2016 07:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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