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PUTPROP LIMITED - Dividend Declaration Details

Release Date: 01/10/2019 14:37
Code(s): PPR     PDF:  
Wrap Text
Dividend Declaration Details

Putprop Limited
Incorporated in the Republic of South Africa
(Registration number 1988/001085/06)
Share code: PPR ISIN: ZAE000072310
(“Putprop”)


DIVIDEND DECLARATION DETAILS


Shareholders are referred to the reviewed condensed consolidated results for the year ended 30 June 2019
released on SENS on 30 September 2019 and are advised of the following dividend declaration details which are
included      in      the     full   long       form     announcement     which     is      available      at:
https://senspdf.jse.co.za/documents/2019/jse/isse/ppr/ye19.pdf and also on the company’s website
www.putprop.co.za:

DECLARATION OF FINAL DIVIDEND NO 61

The Board is pleased to announce the declaration of a dividend of 7 cents per ordinary share in respect of the
year ended 30 June 2019 (2018: 7 cents), thus bringing the total dividend payable for the year to 13 cents
(2018: 13 cents).

Additional information:

This is a dividend as defined in the Income Tax Act, 1962, and is payable from income reserves. The dividend
withholding tax (“DWT”) rate is 20%. The net amount payable to shareholders who are not exempt from DWT is
5.60 cents per share, while the gross amount is 7.0 cents per share to those shareholders who are exempt from
DWT.

There are 43 897 278 (2018: 44 672 279) ordinary shares in issue; the total dividend amount payable is
R3 072 809 (2018: R3 127 059). Putprop’s tax reference number is 9100097717, and its company registration
number is 1988/001085/06.

The salient dates are as follows:

Declaration date                                      Monday, 30 September 2019
Last date to trade to participate                       Tuesday, 29 October 2019
Trading commences ex dividend                        Wednesday, 30 October 2019
Record date                                              Friday, 1 November 2019
Date of payment                                         Monday, 4 November 2019

Share certificates may not be dematerialised or rematerialised between Wednesday, 30 October 2019 and Friday,
1 November 2019, both days inclusive.


Johannesburg
1 October 2019

Sponsor
Merchantec Capital

Date: 01/10/2019 02:37:00
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