PSG FINANCIAL SERVICES LIMITED - Declaration Of Preference Share Dividend

Release Date: 31/08/2018 07:06
Code(s): PGFP
 
Wrap Text
Declaration Of Preference Share Dividend

PSG FINANCIAL SERVICES LIMITED
Incorporated in the Republic of South Africa
Registration number: 1919/000478/06
JSE Limited share code: PGFP
ISIN code: ZAE000096079
(“PSG Financial Services” or “the company”)

DECLARATION OF PREFERENCE SHARE DIVIDEND

The directors of PSG Financial Services have declared a gross dividend of
421.67 cents per share in respect of the cumulative, non-redeemable, non-
participating preference shares for the six months ending 31 August 2018
(“the preference share dividend”). The preference share dividend is
subject to a local dividend tax rate of 20%, resulting in a net dividend
of 337.336 cents per share, unless the shareholder is exempt from paying
dividend tax or is entitled to a reduced rate in terms of the applicable
double-tax agreement. The preference share dividend will be paid from
income reserves.

The number of cumulative, non-redeemable, non-participating preference
shares in issue is 17,415,770 at the date of this declaration. The
company’s income tax reference number is 9175206714.

The following are the salient dates for the payment of the preference
share dividend:

Last day to trade cum-dividend             Tuesday, 18 September 2018
Trading ex-dividend commences              Wednesday, 19 September 2018
Record date                                Friday, 21 September 2018
Payment date                               Tuesday, 25 September 2018

Share certificates may not be dematerialised or rematerialised between
Wednesday, 19 September 2018 and Friday, 21 September 2018, both days
inclusive.

31 August 2018
Stellenbosch

Sponsor
PSG Capital

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