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SPUR CORPORATION LIMITED - Declaration dates for deferred interim cash dividend

Release Date: 24/04/2020 12:30
Code(s): SUR     PDF:  
Wrap Text
Declaration dates for deferred interim cash dividend

SPUR CORPORATION LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/000828/06)
Share Code: SUR & ISIN: ZAE000022653
("Spur" or "Company")


DECLARATION DATES FOR DEFERRED INTERIM CASH DIVIDEND PAYMENT FOR THE SIX MONTHS
ENDED 31 DECEMBER 2019

Spur shareholders (“Shareholders”) are referred to the SENS announcement dated 30 March 2020
wherein they were advised that payment of the interim dividend for the six month period ended 31
December 2019 announced on 27 February 2020 in the amount of R71 million (“the Interim 2020
Dividend”) was deferred to 5 October 2020, subject to compliance with the Listings Requirements of
the JSE Limited (“JSE”) and the South African Companies Act, Act 71 of 2008, as amended (“the
Companies Act”).

In accordance with section 59(2)(a)(ii) of the Companies Act, which prohibits the setting of a record
date of more than 10 business days before a payment is scheduled to occur, the JSE Listings
Requirements and the provisions of Strate, the electronic settlement and custody system used by the
JSE, Shareholders are advised that the previous declaration dates for the Interim 2020 Dividend are
no longer applicable and the deferred dates for the Interim 2020 Dividend will be as follows:

Event                                               Date
Last day to trade ‘cum dividend’                    Tuesday, 29 September 2020
Shares commence trading ‘ex dividend’               Wednesday, 30 September 2020
Record date                                         Friday, 2 October 2020
Payment date                                        Monday, 5 October 2020

Those shareholders of the Company who are recorded in the Company’s register as at the record date
will be entitled to the Interim 2020 Dividend.

Share certificates may not be dematerialised or rematerialised between Wednesday, 30 September
2020 and Friday, 2 October 2020, both days inclusive.

The Company will publish an announcement with further details of the number of issued Spur ordinary
shares and the per share amount applicable to the deferred Interim 2020 Dividend together with the
release of its financial results for the year ending 30 June 2020 on or about Friday, 11 September 2020.

Cape Town

24 April 2020

Sponsor

Sasfin Capital,

A member of the Sasfin Group

Date: 24-04-2020 12:30:00
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