OCTODEC INVESTMENTS LIMITED - Results of dividend re-investment alternative

Results of dividend re-investment alternative

OCTODEC INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1956/002868/06)
JSE share code: OCT  ISIN: ZAE000192258
(Approved as a REIT by the JSE)
(“Octodec” or “the company”)


RESULTS OF DIVIDEND RE-INVESTMENT ALTERNATIVE


Shareholders are referred to the declaration of a cash dividend of 103.10 cents per share (the “cash dividend”) with an
election to reinvest the cash dividend in return for Octodec shares (the “share reinvestment alternative”), announced
on SENS on 31 October 2016 (the “declaration announcement”) for the year ended 31 August 2016 and the
announcement of the reinvestment price per new share (being R20.50 per share) applicable to Octodec shareholders
electing the share alternative, released on SENS on 15 November 2016.

Shareholders holding 139 054 906 Octodec shares or 54.63% of Octodec shares (prior to the election) qualifying to
receive the cash dividend elected to receive the share reinvestment alternative, resulting in the issue of 6 988 142 new
Octodec shares, retaining R143 million (based on the issue price of R20.50 per new Octodec share after accounting for
the applicable dividend withholding tax in respect of non-resident shareholders) in new equity for Octodec.
Accordingly, a total cash dividend of R119 million is payable today in respect of 115 496 414 Octodec shares.

Certificated shareholders who did not elect the share reinvestment alternative in respect of some or all of their shares
and who have provided their bank details to Octodec’s transfer secretaries will have their bank accounts credited on
28 November 2016. Share certificates in respect of certificated shareholders who did elect the share reinvestment
alternative in respect of some or all of their shares will be posted on Wednesday, 30 November 2016 to certificated
shareholders at their risk. The Central Securities Depository Participants or broker custody accounts of dematerialised
shareholders who did not elect the share reinvestment alternative in respect of some or all of their shares will be
credited with the cash dividend on 28 November 2016 and the Central Securities Depository Participants or broker
custody accounts of dematerialised shareholders who did elect the share alternative in respect of some or all of their
shares will be credited on Wednesday, 30 November 2016 with their new Octodec shares.

28 November 2016


Corporate advisor and sponsor
Java Capital

Date: 28/11/2016 05:09:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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