To view the PDF file, sign up for a MySharenet subscription.

INVESTEC BANK LIMITED - SHPIHH - Interim Dividend Declared

Release Date: 22/02/2017 14:42
Code(s): SHPIHH     PDF:  
Wrap Text
SHPIHH - Interim Dividend Declared

INVESTEC WARRANTS

JSE SHARE CODE: SHPIHH
JSE ISIN CODE: ZAE000232559

DECLARED INTERIM DIVIDEND ANNOUNCEMENT ON SHOPRITE HOLDINGS LIMITED HOT ENHANCED DIVIDEND
SECURITIES – (“SHPIHH”)


With reference to the dividend announcement, the Directors of Shoprite Holdings Limited have declared a interim
dividend of 180 cents per ordinary share payable on Monday, 20 March 2017, to ordinary shareholders and
recorded in the books of the company at the close of business on Friday, 17 March 2017.

In terms of the new Dividend Tax effective 1 April 2012, the following additional information is disclosed:

1)   local dividend tax rate is 15%;
2)   net local dividend amount is 153 cents per share for shareholders liable to pay the new Dividends Tax and
     180 cents per share for shareholders exempt from paying the new Dividends Tax; and
3)   the issued share capital of Shoprite Holdings Limited is 574 453 281 ordinary shares; and
4)   Shoprite Holdings tax reference number is 9775/112/71/8; and
5)   Investec Bank Limited tax reference number is 9675/053/71/5.

Accordingly, the holders of SHPIHH will receive a Shoprite Holdings Limited dividend amount per security on
Monday, 20 March 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, 14 March 2017.

SHPIHH Hot Enhanced Dividend Securities will commence trading “ex” the dividend from the commencement of
business on Wednesday, 15 March 2017, and the record date will be Friday, 17 March 2017.


22 February 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 Proprietary Limited
           Member of the JSE
           Registration number. 1972/008905/07)

Date: 22/02/2017 02:42:00 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.

Share This Story