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INVESTEC BANK LIMITED - Dividend Declaration- BVTIHD

Release Date: 12/03/2018 11:51
Code(s): BVTIHD     PDF:  
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Dividend Declaration- BVTIHD

INVESTEC BANK LIMITED

WARRANTS

JSE SHARE CODE: BVTIHD
JSE ISIN CODE: ZAE000250205



DECLARED DIVIDEND ANNOUNCEMENT ON BIDVEST LIMITED HOT ENHANCED DIVIDEND SECURITIES
– (“BVTIHD”)

With reference to the dividend announcement, the Directors of The Bidvest Group Limited have declared an interim
gross dividend of 255 cents per ordinary share payable on Monday, 19 March 2018 to ordinary shareholders,
recorded in the books of the company at the close of business on Friday, 16 March 2018.

In terms of the new Dividend Tax effective 22 February 2017, the following additional information is disclosed:

1)   local dividend tax rate is 20%;
2)   net local dividend amount is 204.0000 cents per share for shareholders liable to pay the new Dividends Tax
     and 255 cents per share for shareholders exempt from paying the new Dividends Tax;
3)   the issued share capital of The Bidvest Group Limited is 336 605 775 ordinary shares;
4)   The Bidvest Group Limitedtax reference number is 9550162714; and
5)   Investec Bank Limited tax reference number is 9675/053/71/5.


Accordingly, the holders of BVTIHD will receive a dividend amount per ordinary share on Monday, 19 March 2018
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,13 March 2018.

BVTIHD Hot Enhanced Dividend Securities will commence trading “ex” the dividend from the commencement of
business on Wednesday, 14 March 2017, and the record date will be Friday, 16 March 2018.

12 March 2018

 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.co.za

 Sponsor
           Investec Securities (Pty) Limited
           Member of the JSE
           Registration number(1972/008905/07)

Date: 12/03/2018 11:51:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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