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INVESTEC BANK MAURITIUS LIMITED - Preference share dividend announcement - IMRP7

Release Date: 30/10/2018 13:44
Code(s): IMRP7     PDF:  
 
Wrap Text
Preference share dividend announcement -  IMRP7

Investec Bank (Mauritius) Limited
Incorporated in the Republic of Mauritius
Company Registration number 8752/3362
Business Registration number C09008752
JSE Share Code: IMRP7
ISIN: MU0455S00065

Preference share dividend announcement

Class IMRP7 redeemable cumulative non-participating no par value preference shares
(“preference shares”)

Declaration of dividend number 8

Notice is hereby given that preference dividend number 8 has been declared from retained earnings for
the period 22 May 2018 to and including 21 November 2018 amounting to 1,111.53500 USD cents per
share, converted to 16,339.56450 ZAR cents per share (using a ZAR/USD exchange rate of 14.70)
payable to holders of the Class IMRP7 redeemable cumulative non-participating no par value preference
shares as recorded in the books of the company at the close of business on Friday, 16 November 2018.

The relevant dates relating to the payment of dividend number 8 are as follows:
Last day to trade cum-dividend                                      Tuesday, 13 November 2018
Shares commence trading ex-dividend                                 Wednesday, 14 November 2018
Record date                                                         Friday, 16 November 2018
Payment date                                                        Friday, 23 November 2018

Share certificates may not be dematerialised or rematerialised between Wednesday, 14 November 2018
and Friday, 16 November 2018, both dates inclusive.

Additional information to take note of:
-   The Investec Bank (Mauritius) Limited company tax reference number: 25003203
-   The issued class IMRP7 preference share capital of Investec Bank (Mauritius) Limited is 75 000
    preference shares
-   The dividend paid by Investec Bank (Mauritius) Limited is a foreign dividend and 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 3,267.91290 ZAR cents per share
-   Preference shareholders who are exempt from paying the Dividend Tax will receive a gross
    dividend of 16,339.56450 ZAR cents per preference share
-   Preference shareholders who are not exempt from paying the Dividend Tax will receive a net
    dividend of 13,071.65160 ZAR cents per preference share.

By order of the board


P Jeewooth
Company Secretary
Investec Bank (Mauritius) Limited


30 October 2018


Sponsor:
Investec Bank Limited

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