TELEMASTERS HOLDINGS LIMITED - Declaration of Ordinary Dividend

Declaration of Ordinary Dividend

TELEMASTERS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 2006/015734/06
Share code: TLM & ISIN Number: ZAE000093324
(“TeleMasters” or “the Company” or “the Group”)


DECLARATION OF ORDINARY DIVIDEND


A gross interim cash dividend (Number 50) of 1.60 cents per share has been declared
and is payable to all shareholders recorded in the share register of the Company at the
close of business on Thursday, 31 December 2020.

The dividend will be subject to the Dividends Tax that was introduced with effect from
1 April 2012. In accordance with the provisions of the Listings Requirements of the
Johannesburg Stock Exchange, the following additional information is disclosed:
   •    the dividend has been declared out of retained earnings;
   •    the local Dividends Tax rate is 20%;
   •    the gross local dividend is 1.60 cents per share for shareholders exempt from
        Dividends Tax;
   •    the net local dividend is 1.28 cents per share for shareholders liable for Dividends
        Tax;
   •    the Company has 50 500 000 ordinary shares in issue;
   •    the Company’s income tax reference number is 9683/978/14/3.

The following dates are applicable to the dividend: The last day to trade in order to be
eligible for the dividend will be Monday, 28 December 2020. Shares will trade ex-dividend
from Tuesday, 29 December 2020. The record date will be Thursday, 31 December 2020
and payment will be made on Monday, 4 January 2021. Share certificates may not be
dematerialised / re-materialised between Tuesday, 29 December 2020 and Thursday, 31
December 2020, both days inclusive.

Waterfall City
7 December 2020

Designated Advisor
AcaciaCap Advisors Proprietary Limited

Date: 07-12-2020 05:49:00
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.