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INVESTEC BANK MAURITIUS LIMITED - Preference share dividend announcement - IMRP 7

Release Date: 29/10/2019 12:21
Code(s): IMRP7     PDF:  
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Preference share dividend announcement - IMRP 7

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

Preference share dividend announcement

Class IMRP7 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 22 August 2019 to and including 21 November 2019 amounting to 585.77741 USD cents
per share, converted to 8,546.02379 ZAR cents per share (using a ZAR/USD exchange rate of 14.5892
as at 29 October 2019) 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, 15 November 2019.

The relevant dates relating to the payment of dividend number 11 are as follows:
Last day to trade cum-dividend                                       Tuesday, 12 November 2019
Shares commence trading ex-dividend                                Wednesday, 13 November 2019
Record date                                                           Friday, 15 November 2019
Payment date                                                          Friday, 22 November 2019

Share certificates may not be dematerialised or rematerialised between Wednesday, 13 November 2019
and Friday, 15 November 2019, 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 1,709.20476 ZAR cents per share
•   Preference shareholders who are exempt from paying the Dividend Tax will receive a gross
    dividend of 8,546.02379 ZAR cents per preference share
•   Preference shareholders who are not exempt from paying the Dividend Tax will receive a net
    dividend of 6,836.81903 ZAR cents per preference share.

By order of the board

P Jeewooth
Company Secretary
Investec Bank (Mauritius) Limited

29 October 2019

Investec Bank Limited

Date: 29/10/2019 12:21:00
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