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STANLIB COLLECTIVE INVESTMENTS LIMITED - Distribution Announcement - STANSX

Release Date: 05/04/2017 16:06
Code(s): STANSX     PDF:  
Wrap Text
Distribution Announcement - STANSX

STANLIB SWIX 40 FUND ("STANLIBSX")(being a portfolio under the STANLIB
ETF    CIS registered in the Republic of South Africa in terms of
CISCA)
Share Code: STANSX
Abbreviated Name: STANLIBSX
ISIN: ZAE000182424
("STANLIBSX")
Income Tax number:
9003830230

DISTRIBUTION ANNOUNCEMENT

Holders of STANLIBSX securities ("Securities Holders") are referred to the
announcement dated Friday, 03 March 2017 setting out details of a possible
quarterly distribution by the ETF to Securities Holders.

Further to the above-mentioned announcement, the manager of the STANLIB ETF
Collective Investment Scheme (“the Manager”) has resolved to make a quarterly
distribution to Securities Holders for the quarter ended 31 March 2017 ("the
Distribution") in an amount of 9.76000 cents per STANLIBSX ETF security. The
distribution will be constituted as follows:

Gross Dividend (local to be taxed)   :      4.58000 cents
Local Tax    (20%)                   :      0.91600 cents
Net dividend                         :      3.66400 cents

Gross Dividend(foreign-dual)to be taxed     :     1.49000 cents
SA tax applicable             (20   %)      :     0.29800 cents
Net Dividend                                :     1.19200 cents


Interest(paid on cash held in bank account, no WTI
applicable)                               :     0.33000 cents

Other income (scrip lending income)       :     3.36000 cents
(Taxed at individual’s income tax rate, no WTI applicable)


The Security Holders (Residents) who are not exempt from dividend tax will
receive the Net Dividend of 4.85600 cents per security.


The Distribution will be made to all Securities Holders recorded in the
register on Friday, 07 April 2017 and will be paid on Friday, 21 April
2017.

Johannesburg
05 April 2017

Sponsor
The Standard Bank of South Africa Limited

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