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INVESTEC BANK MAURITIUS LIMITED - Preference share dividend announcement

Release Date: 11/03/2019 15:53
Code(s): IMRP4     PDF:  
Wrap Text
Preference share dividend announcement

Investec Bank (Mauritius) Limited
Incorporated in the Republic of Mauritius
Company Registration number 8752/3362
Business Registration number C09008752
JSE Share Code: IMRP4
ISIN: MU0455S00032

Preference share dividend announcement

Class IMRP4 redeemable cumulative non-participating no par value preference shares
(“preference shares”)

Declaration of dividend number 11

Notice is hereby given that preference dividend number 11 has been declared from retained earnings
for the period 02 January 2019 to and including 31 March 2019 amounting to 820.18443 USD cents per
share, converted to 11,828.20774 ZAR cents per share (using a ZAR/USD exchange rate of 14.4214
as at 11 March 2019) payable to holders of the Class IMRP4 redeemable cumulative non-participating
no par value preference shares as recorded in the books of the company at the close of business on
Friday, 29 March 2019.

The relevant dates relating to the payment of dividend number 11 are as follows:
Last day to trade cum-dividend                                            Tuesday, 26 March 2019
Shares commence trading ex-dividend                                     Wednesday, 27 March 2019
Record date                                                                Friday, 29 March 2019
Payment date                                                               Monday, 01 April 2019

Share certificates may not be dematerialised or rematerialised between Wednesday,
27 March 2019 and Friday, 29 March 2019, both dates inclusive.

Additional information to take note of:
•   The Investec Bank (Mauritius) Limited company tax reference number: 25003203
•   The issued class IMRP4 preference share capital of Investec Bank (Mauritius) Limited is 23 000
    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 2,365.64155 ZAR cents per share
•   Preference shareholders who are exempt from paying the Dividend Tax will receive a gross
    dividend of 11,828.20774 ZAR cents per preference share
•   Preference shareholders who are not exempt from paying the Dividend Tax will receive a net
    dividend of 9,462.56619 ZAR cents per preference share.

By order of the board


P Jeewooth
Company Secretary
Investec Bank (Mauritius) Limited


11 March 2019


Sponsor:
Investec Bank Limited

Date: 11/03/2019 03:53:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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