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 104.8 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 Tuesday, 2 May 2017 (the “declaration announcement”) for the six month period ended
28 February 2017 and the announcement of the reinvestment price per new share (being R22.60 per share) applicable
to Octodec shareholders electing the share alternative, released on SENS on Tuesday, 16 May 2017.

Shareholders holding 115 285 964 Octodec shares or 44% 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 5 324 857 new
Octodec shares, retaining R120 341 768.20 (based on the issue price of R22.60 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 R153 273 665.92 is payable today in respect of 146 253 498 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
29 May 2017. 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, 31 May 2017 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 Monday, 29 May 2017 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 Monday, 29 May 2017 with their new Octodec shares.

29 May 2017


Corporate advisor and sponsor
Java Capital

Date: 29/05/2017 04:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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