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INVESTEC BANK LIMITED - MTNIHN - Declaration of final ordinary dividend

Release Date: 08/03/2018 12:40
Code(s): MTNIHN     PDF:  
Wrap Text
MTNIHN - Declaration of final ordinary dividend

INVESTEC BANK LIMITED
WARRANTS

JSE SHARE CODE: MTNIHN
JSE ISIN CODE: ZAE000249082


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

With reference to the dividend announcement, the Directors of MTN Group Limited have declared a final ordinary
dividend of 450 cents per ordinary share payable on Tuesday, 3 April 2018, to ordinary shareholders and recorded
in the books of the company at the close of business on Thursday, 29 March 2018.

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%      - 450.00 cents per share
            5%      - 427.50 cents per share
            7.5% - 416.25 cents per share
            10% - 405.00 cents per share
            12.5% - 393.75 cents per share
            15% - 382.50 cents per share
            20% - 360.00 cents per share

3)   the issued share capital of MTN Group Limited is 1,884,296,758 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 MTNIHN will receive an MTN Group Limited dividend amount per security on Tuesday,
3 April 2018, 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 Monday, 26
March 2018.

MTNIHN Hot Enhanced Dividend Securities will commence trading “ex” the dividend from the commencement of
business on Tuesday, 27 March 2018, and the record date will be Thursday, 29 March 2018.

Date: 08 March 2018


 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: 08/03/2018 12:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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