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INVESTEC LIMITED - Clarification of the final preference share dividend and redemption announcement released on 28 February 2017

Release Date: 14/03/2017 16:00
Code(s): INL INP ILRP1     PDF:  
 
Wrap Text
Clarification of the final preference share dividend and redemption announcement released on 28 February 2017

Investec Limited                                    Investec plc
Incorporated in the Republic of South Africa        Incorporated in England and Wales
Registration number 1925/002833/06                  Registration number 3633621
JSE share code: ILRP1                               LSE share code: INVP
ISIN: ZAE000183216                                  JSE share code: INP
JSE ordinary share code: INL                        ISIN: GB00B17BBQ50
NSX ordinary share code: IVD
BSE ordinary share code: INVESTEC
ISIN: ZAE000081949


INVESTEC LIMITED

Clarification of the final preference share dividend and redemption announcement
released on 28 February 2017

Class ILRP1 redeemable, cumulative non-participating preference shares (“Preference
Shares”)

Further to the announcement that was released on 28 February 2017 regarding the Class
ILRP1 Preference Shares, the relevant dates relating to the payment of the final dividend and
the redemption have been amended to the following:

Last day to trade cum-dividend                                      Tuesday, 14 March 2017
Shares commence trading ex-dividend /
Suspension date                                                     Wednesday, 15 March 2017
Record date                                                         Friday, 17 March 2017
Payment date                                                        Monday, 20 March 2017
Termination date                                                    Wednesday, 22 March 2017

Share certificates   may    not   be   dematerialised   or   rematerialised   after   Tuesday,
14 March 2017.

Additional information to take note of:
-  The Investec Limited company tax reference number: 9800/181/71/2
-  The issued class ILRP1 preference share capital of Investec Limited is 333 863 preference
   shares
-  The dividend paid by Investec Limited is subject to South African Dividend Tax (Dividend
   Tax) of 20% (subject to any available exemptions or reductions in terms of Double Tax
   Agreements as legislated) equal to 250.24870 cents per share
-  The net dividend amounts to 1 000.99482 cents per preference share for shareholders
   liable to pay the Dividend Tax and 1 251.24352 cents per preference share for preference
   shareholders exempt from paying the dividend tax.

Salient features of the redemption of the 333 863 Preference Shares are listed below:

Issuer                                          Investec Limited
Instrument                                      Redeemable          cumulative    non-
                                                participating preference shares
Redemption date                                 20 March 2017
Number of shares redeemed                       333 863
Number of shares outstanding                    Nil
post this redemption
JSE Share Code                                  ILRP1
ISIN                                            ZAE000183216


14 March 2017
Johannesburg

Sponsor:
Investec Bank Limited

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