INVESTEC BANK LIMITED - BVTIHD - Final Dividend

Release Date: 12/09/2018 12:08
Code(s): BVTIHD
 
Wrap Text
BVTIHD - Final Dividend

INVESTEC BANK LIMITED

WARRANTS

JSE SHARE CODE: BVTIHD
JSE ISIN CODE: ZAE000250205



DECLARED DIVIDEND ANNOUNCEMENT ON BIDVEST LIMITED HOT ENHANCED DIVIDEND SECURITIES
– (“BVTIHD”)

With reference to the dividend announcement, the Directors of The Bidvest Group Limited have declared a final
gross dividend of 301 cents per ordinary share payable on Tuesday, 25 September 2018 to ordinary shareholders,
recorded in the books of the company at the close of business on Friday, 21 September 2018.

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

1)   local dividend tax rate is 20%;
2)   net local dividend amount is 240.8000 cents per share for shareholders liable to pay the new Dividends Tax
     and 301 cents per share for shareholders exempt from paying the new Dividends Tax;
3)   the issued share capital of The Bidvest Group Limited is 337 463 035 ordinary shares;
4)   The Bidvest Group Limitedtax reference number is 9550162714; and
5)   Investec Bank Limited tax reference number is 9675/053/71/5.


Accordingly, the holders of BVTIHD will receive a dividend amount per ordinary share on Tuesday, 25 September
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 Tuesday,18 September
2018.

BVTIHD Hot Enhanced Dividend Securities will commence trading “ex” the dividend from the commencement of
business on Wednesday, 19 September 2018, and the record date will be Friday, 21 September 2018.

12 September 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.co.za

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

Date: 12/09/2018 12:08:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Email this JSE Sens Item to a Friend.

Share This Story