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INTERNATIONAL HOTEL PROPERTIES LIMITED - Finalisation announcement in respect of the interim dividend for the six months ended 28 February 2017

Release Date: 16/05/2017 07:05
Code(s): IHL     PDF:  
Wrap Text
Finalisation announcement in respect of the interim dividend for the six months ended 28 February 2017

International Hotel Properties Limited
(previously International Hotel Group Limited)
(Incorporated in the British Virgin Islands)
(Company number 1862176)
JSE share code: IHL
ISIN: VGG487261064
(“IHL” or the “Company”)


FINALISATION ANNOUNCEMENT IN RESPECT OF THE INTERIM DIVIDEND FOR THE SIX MONTHS ENDED 28 FEBRUARY 2017


IHL shareholders are referred to the announcement released on 3 May 2017 wherein they were advised
that the Company had approved an interim dividend of 2.2 pence per share in respect of the six months
ending 28 February 2017.

Shareholders are now advised that the conversion rate is GBP1: ZAR 17.55200. Therefore, the dividend of
2.2 pence per share will equal 38.61440 ZAR cents per share.

The information provided in this paragraph is only of direct application to shareholders on the South African
share register. The interim dividend should be regarded as a ‘foreign dividend’ for South African income tax
and dividends tax purposes. The gross local dividend amount is 38.61440 ZAR cents per share for
shareholders exempt from paying South African dividends tax. The net local dividend amount is 30.89152
ZAR cents per share for shareholders liable to pay South African dividends tax at a rate of 20%.

The salient dates for the payment of the dividend as published in the announcement on 3 May 2017 remain
unchanged.

M Partners
Luxembourg listing agent                            +352 263 868 602

Java Capital
JSE sponsor                                         +27 (0) 11 722 3050

FTI Consulting
South African Public Relations Advisor
Sherryn Schooling                                   +27 (0) 21 487 9027

Company Secretary
Osiris Secretarial Services Ltd                     +1 (284) 494 9820

Notes to editors:

IHL is a hotel and leisure focused property investment company which owns nine hotels in the UK. The
Company’s shares are currently listed on the Euro MTF market of the Luxembourg Stock Exchange, which
constitutes its primary listing, and on the AltX of the JSE which constitutes its secondary listing.

16 May 2017

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