Notice: Distribution of MultiChoice Group Limited shares to Naspers STUB holders -DBNPAX
Deutsche Bank AG London
JSE Code: DBNPAX
Short Name: DBSTNPAX
Long Name: DB STUBNPAX 16JUL2019
Underlying: Naspers Limited (NPN)
Listing Date: 26 March 2018
Expiry Date: 16 July 2019
NOTICE: DISTRIBUTION OF MULTICHOICE GROUP LIMITED SHARES TO NASPERS STUB
1. Holders of Naspers STUB certificates are advised that shares in
MultiChoice Group Limited, to be listed on the JSE Limited as a primary
listing on Wednesday, 27 February 2019 (“the MultiChoice Shares”), will
be distributable at the ratio of 1 MultiChoice Share per Naspers STUB
certificate following the unbundling of such MultiChoice Shares by
Naspers Limited as detailed in their SENS announcement dated 21 January
2019, titled “Unbundling of MultiChoice Group Limited Shares to Naspers
shareholders and listing of MultiChoice Group Limited on the JSE
Limited” (“the Naspers SENS”).
2. Distributions are subject to Securities Transfer Tax at the prevailing
market rate calculated on the market close price of a MultiChoice Share
on Wednesday, 27 February 2019, being the anticipated listing date of
the MultiChoice Shares as per the Naspers SENS.
3. Holders of Naspers STUB certificates are advised to consult their own
taxation advisers on any further tax consequences attaching to this
4. The following salient dates should be noted:
Last day to trade “cum” distribution: Tuesday, 26 February 2019
Securities trade “ex” distribution: Wednesday, 27 February 2019
Record date: Friday, 1 March 2019
Naspers STUB Certificate holders’
accounts at CSDP or broker expected to
be updated and credited: Monday, 4 March 2019
These dates are subject to amendment, particularly resulting from, but
not limited to, any change of material dates by Naspers Limited to the
Naspers SENS. Any material changes hereto will be released on SENS.
12 February 2019
Manager or Issuer:
Deutsche Bank AG, London
For further information contact:
Tel: +27 11 775 7455
Date: 12/02/2019 12:42:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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