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MARSHALL MONTEAGLE PLC - Dividend announcement

Release Date: 22/12/2017 08:30
Code(s): MMP     PDF:  
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Dividend announcement

Marshall Monteagle PLC
(Incorporated in Jersey. Registration No. 102785)
(SA Registration No: 2010/024031/10)
(“the Company”)

Dividend Announcement

The final dividend for the year ended 30 September 2017 of US 1.9 cents per share (24.30100 ZAR cents
per share) was declared in the preliminary year end results published on Thursday 21 December 2017. The
dividend will be paid on Monday 22 January 2018 to those shareholders registered at the close of business
on Friday 12 January 2018.

Shareholders on the South African register will receive their dividend in South African Rand converted from
US Dollars at the closing rate of exchange on Tuesday 19 December 2017 which was US$1 = ZAR 12.79
being the average of the bid/ask spread at 10h00 (United Kingdom time) on that day.

In respect of the normal gross cash dividend, and in terms of the South African Tax Act, the following
dividend tax ruling only applies to those shareholders who are registered on the South African register on
Friday 12 January 2018. All other shareholders are exempt.

-     The dividend has been declared from income reserves, which funds are sourced from the Jersey
      holding company’s main bank account in Luxembourg.

-     The gross dividend in ZAR cents is 24.30100 cents.

-     The dividend withholding tax rate is 20% resulting in a net dividend of US 1.520 cents (19.44080 ZAR
      cents) per share to those shareholders who are not exempt from the dividend withholding tax.

The issued number of shares as at declaration date is 35 857 512.

The Company’s Jersey tax number is CH4513.

Salient dates for dividend
Last day to trade                                                Tuesday 9 January 2018
Shares trade ex dividend                                         Wednesday 10 January 2018
Record date                                                      Friday 12 January 2018
Pay date                                                         Monday 22 January 2018

No dematerialisation or rematerialisation of share certificates, nor transfer of shares between the registers in
Jersey and South Africa will take place between Wednesday 10 January 2018 and Friday 12 January 2018,
both dates inclusive.

City Group P.L.C.
Company Secretary
22 December 2017

Sasfin Capital (a member of the Sasfin group)

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