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Declaration of preference share dividend No. 158
AECI LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1924/002590/06)
Tax reference number: 9000008608
Share code: AFEP
ISIN: ZAE000000238
(“AECI” or “the Company”)
DECLARATION OF PREFERENCE SHARE DIVIDEND NO. 158
NOTICE IS HEREBY GIVEN that on Tuesday, 23 May 2017, the Directors of AECI declared a gross
cash dividend, at the rate of 5,5% per annum (equivalent to 2,75 pence sterling), for the six months
ending Thursday, 15 June 2017. The dividend is payable on Thursday, 15 June 2017 to holders of
preference shares recorded in the register of the Company at the close of business on the record
date, being Friday, 9 June 2017.
The last day to trade “cum” dividend will be Tuesday, 6 June 2017 and shares will commence trading
“ex” dividend as from the commencement of business on Wednesday, 7 June 2017.
The dividend is declared in pound sterling and payment will be made from the offices of the Transfer
Secretaries in South Africa and the United Kingdom on Thursday, 15 June 2017. Dividends payable
from South Africa will be paid in South African currency at the rate of 46,89608 ZAR cents per share
(gross dividend) in accordance with the exchange rate ruling on Monday, 15 May 2017 (1 pound
sterling = ZAR17,05312).
A South African dividend withholding tax of 20% will be applicable to all shareholders who are not
either exempt or entitled to a reduction of the withholding tax rate in terms of a relevant Double
Taxation Agreement, resulting in a net dividend of 37,51686 cents per share payable to those
shareholders who are not eligible for exemption or reduction. Application forms for exemption or
reduction may be obtained from the Transfer Secretaries and must be returned to them on or before
Tuesday, 6 June 2017.
Dividends payable from the United Kingdom office will be subject to such tax deductions as are
prescribed by United Kingdom legislation unless a certificate exempting the shareholder concerned
from such tax deduction is received before Tuesday, 6 June 2017.
The issued share capital of the Company at the declaration date is 121 829 083 listed ordinary shares,
10 117 951 unlisted redeemable convertible B ordinary shares and 3 000 000 listed cumulative
preference shares. The dividend has been declared from the income reserves of the Company.
Any change of address or dividend instruction must be received on or before Tuesday, 6 June 2017.
Share certificates may not be dematerialised or rematerialised between Wednesday, 7 June 2017,
and Friday, 9 June 2017, both days inclusive.
By order of the Board
E N Rapoo
Group Company Secretary
Woodmead, Sandton
23 May 2017
Transfer Secretaries
Computershare Investor Services (Pty) Ltd
Rosebank Towers, 15 Biermann Avenue, Rosebank, 2196
and
Computershare Investor Services PLC
P O Box 82
The Pavilions
Bridgwater Road
Bristol BS99 7NH
England
Registered office
1st Floor, AECI Place
24 The Woodlands
Woodlands Drive
Woodmead
Sandton
Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 23/05/2017 12:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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