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TELEMASTERS HOLDINGS LIMITED - Declaration of Ordinary Dividend

Release Date: 29/06/2020 17:50
Code(s): TLM     PDF:  
 
Wrap Text
Declaration of Ordinary Dividend

TELEMASTERS HOLDINGS LIMITED
(Registration Number: 2006/015734/06)
JSE Code: TLM ISIN: ZAE000093324
(“Telemasters” or “the Company”)


DECLARATION OF ORDINARY DIVIDEND


A gross interim cash dividend (Number 48) of 1.60 cents per share has been declared
and is payable to all shareholders recorded in the share register of the Company at the
close of business on Friday, 17 July 2020.

The dividend will be subject to the Dividends Tax that was introduced with effect from
1 April 2012. In accordance with the provisions of the Listings Requirements of the
Johannesburg Stock Exchange, the following additional information is disclosed:
   •    the dividend has been declared out of retained earnings;
   •    the local Dividends Tax rate is 20%;
   •    the gross local dividend is 1.60 cents per share for shareholders exempt from
        Dividends Tax;
   •    the net local dividend is 1.28 cents per share for shareholders liable for Dividends
        Tax;
   •    the Company has 42 000 000 ordinary shares in issue;
   •    the Company’s income tax reference number is 9683/978/14/3.

The following dates are applicable to the dividend: The last day to trade in order to be
eligible for the dividend will be Tuesday, 14 July 2020. Shares will trade ex-dividend from
Wednesday, 15 July 2020. The record date will be Friday, 17 July 2020 and payment will
be made on Monday, 20 July 2020. Share certificates may not be dematerialised / re-
materialised between Wednesday, 15 July 2020 and Friday, 17 July 2020, both days
inclusive.

Midrand
29 June 2020

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

Date: 29-06-2020 05:50:00
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