ASTRAPAK LIMITED - Dividend Declaration in respect of 483.294 cents per Non-Redeemable, Non-Participating, Cumulative Preference Shares

Dividend Declaration in respect of 483.294 cents per Non-Redeemable, Non-Participating, Cumulative Preference Shares

ASTRAPAK LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1996/009169/06)
ISIN: ZAE000087201
Share Code: APKP
Income tax number: 9513681719
(“Astrapak”)

DIVIDEND DECLARATION IN RESPECT OF 483.294 CENTS PER NON-REDEEMABLE,
NON-PARTICIPATING, CUMULATIVE ASTRAPAK PREFERENCE SHARES

Holders of Astrapak preference shares are advised that the salient
dates for the twenty-first dividend declaration in respect of the
non-redeemable, non-participating, cumulative preference shares in
Astrapak (“preference shares”), in the amount of 483.294 cents per
preference share for the period between 26 September 2016 and
3 April 2017, will be as follows:

                                                 2017
Last day to trade                                Tuesday, 28 March
Shares commence trading “ex” the
Preference share dividend from the
commencement of business on                      Wednesday, 29 March
Record Date                                      Friday, 31 March
Payment Date                                     Monday, 3 April


Certificated holders of preference shares may not dematerialise or
rematerialise   their   preference   share   certificates  between
Wednesday, 29 March 2017 and Friday, 31 March 2017, both days
inclusive.

The dividend has been declared from income reserves.

A dividend withholding tax of 20% will be applicable to all
shareholders who are not exempt. The net dividend thus amounts to
386.6352 cents per share.

The issued share capital at the declaration date is 1,500,000
preference shares.

In the event that there is a change to the prime rate between the
preference share dividend declaration date (“the dividend declaration
date”) and the preference share dividend payment date (“the dividend
payment date”), the prevailing prime rate at the dividend declaration
date will be applied from the dividend declaration date to the
dividend payment date.

The effect of the aforementioned will be that the preference share
dividend will not be adjusted for any changes in the prime rate
between the dividend declaration date and the dividend payment date.


Sandton
10 March 2017

Sponsor
Merchantec Capital

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