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INVESTEC BANK LIMITED - Dividend Announcement - MTNIHM

Release Date: 04/08/2017 14:18
Code(s): MTNIHM     PDF:  
Wrap Text
Dividend Announcement - MTNIHM

INVESTEC BANK LIMITED
WARRANTS

JSE SHARE CODE: MTNIHM
JSE ISIN CODE: ZAE000232542


DECLARED INTERIM DIVIDEND ANNOUNCEMENT ON MTN GROUP LIMITED HOT ENHANCED DIVIDEND SECURITIES –
(“MTNIHM”)

With reference to the dividend announcement, the Directors of MTN Group Limited have declared an interim
dividend of 250 cents per ordinary share payable on Monday, 28 August 2017, to ordinary shareholders and
recorded in the books of the company at the close of business on Friday, 25 August 2017.

In terms of the new Dividend Tax effective 22 February 2017, the following additional information is disclosed:

1)   maximum local dividend tax rate is 20%;

2)   net local dividend amount per share for the respective categories of shareholders for the different dividend tax
     rates is as follows:
            0%      - 250.00 cents per share
            5%      - 237.50 cents per share
            7.5% - 231.25 cents per share
            10% - 225.00 cents per share
            12.5% - 218.75 cents per share
            15% - 212.50 cents per share
            20% - 200.00 cents per share

3)   the issued share capital of MTN Group Limited is 1,844,269,758 ordinary shares;

4)   MTN Group Limited tax reference number 9692/942/71/8; and

5)   Investec Bank Limited tax reference number is 9675/053/71/5.

Accordingly, the holders of MTNIHM will receive an MTN Group Limited dividend amount per security on Monday,
28 August 2017, in terms of the Cession clause incorporated in the Supplement between the holders and Investec
Bank Limited. The last day to trade (“cum” the dividend) in order to participate in the dividend will be Tuesday, 22
August 2017.

MTNIHM Hot Enhanced Dividend Securities will commence trading “ex” the dividend from the commencement of
business on Wednesday, 23 August 2017, and the record date will be Friday, 25 August 2017.

Date: 04 August 2017


 Copies of the offering circular may be obtained from:
         Investec Bank Limited
         100 Grayston Drive
         Sandown
         Sandton
         2196

 For further information contact:
          Investec Warrants
          Tel.: 0860 103 343
          E-mail: warrants@investec.co.za
          Internet: www.investec.com

 Sponsor
           Investec Securities (Pty) Limited
           Member of the JSE
           Registration number. 1972/008905/07)

Date: 04/08/2017 02:18:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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