TRADEHOLD LIMITED - Cumulative, Redeemable "B" Preference Share - TDHBP

Cumulative, Redeemable "B" Preference Share - TDHBP

TRADEHOLD LIMITED
(Registration number: 1970/009054/06)
(“Tradehold” or “the Company”)
Incorporated in the Republic of South Africa
Share code: TDHBP
ISIN: ZAE000253050

CUMULATIVE, REDEEMABLE “B” PREFERENCE SHARE CASH DIVIDEND

Notice is hereby given that the Directors have declared a gross cash
dividend of 1940.75310 cents per “B” Preference Share for the period from 18
December 2017 to 15 March 2018, payable from the distributable reserves of
the Company.

The distribution constitutes a foreign dividend as defined in section 1 of
the Income Tax Act, 1962 (“ITA”) and is a dividend for purposes of Dividends
Tax (“DT”) imposed under Part VIII of Chapter II of the ITA. The “B”
Preference Shares are listed on the JSE Limited and thus constitute “listed
shares” as contemplated in section 64D, read with section 1, of the ITA.

An exemption from DT is provided for in the ITA in respect of:
   (i)  foreign dividends paid to a South African resident company; or
   (ii) a non-resident to the extent that the dividend is paid by a foreign
      company in respect of listed shares,
provided there is compliance with certain administrative procedures.

In terms of the ITA, DT of 20% will be withheld for those “B” Preference
Shareholders who are not exempt from DT or, if they are exempt from DT, for
those “B” Preference Shareholder who have not timeously complied with the
aforementioned relevant administrative procedures. “B” Preference
Shareholders who are not exempt from DT will therefore receive a net
dividend of 1552.60248 cents per “B” Preference Share.

Tradehold Limited has 1 134 790 “B” Preference Shares in issue.
Tradehold Limited's income tax reference number is 9725/126/71/9.

The salient dates for the “B” Scheduled Preference Dividend will be as
follows:
Last day of trade to receive a dividend    Tuesday, 6 March 2018
Shares commence trading “ex” dividend      Wednesday, 7 March 2018
Record date                                Friday, 9 March 2018
Payment date                               Thursday, 15 March 2018

20 February 2018
Cape Town

Joint Debt Sponsor
Nodus Capital Proprietary Limited
Mettle Specialised Finance Proprietary Limited

Date: 20/02/2018 09:30:00 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.