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INVESTEC BANK MAURITIUS LIMITED - Preference share dividend announcement - IMRP3

Release Date: 03/08/2020 16:03
Code(s): IMRP3     PDF:  
Wrap Text
Preference share dividend announcement - IMRP3

Investec Bank (Mauritius) Limited
Incorporated in the Republic of Mauritius
Company Registration number 8752/3362
Business Registration number C09008752
JSE Share Code: IMRP3
JSE Issuer Share Code: IVES
ISIN: MU0455S00024

Preference share dividend announcement

Class IMRP3 redeemable cumulative non-participating no par value preference shares
(“preference shares”)

Declaration of dividend number 23

Notice is hereby given that preference dividend number 23 has been declared from retained earnings
for the period 28 May 2020 to and including 27 August 2020 amounting to 173.26668 EUR cents per
Preference Share, converted to 3,514.36807 ZAR cents per share (using a ZAR/EUR exchange rate of
20.2830 as at 03 August 2020) payable to holders of the Preference Shares as recorded in the books
of the Investec Bank (Mauritius) Limited (“the Company”) at the close of business on Friday,
21 August 2020.

The relevant dates relating to the payment of dividend number 23 are as follows:
Last day to trade cum-dividend                                           Tuesday, 18 August 2020
Preference Shares commence trading ex-                                 Wednesday, 19 August 2020
dividend
Record Date                                                               Friday, 21 August 2020
Payment Date                                                              Friday, 28 August 2020

Preference Share certificates may not be dematerialised or rematerialised between Wednesday,
19 August 2020 and Friday, 21 August 2020, both dates inclusive.

Additional information to take note of:
-   The Company’s tax reference number is: 25003203
-   The issued Preference Shares in Class IMRP3 of the capital of the Company is 40 000 Preference
    Shares
-   The dividend paid by the Company 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 702.87361 ZAR cents per share
-   Preference Shareholders who are exempt from paying the Dividend Tax will receive a gross
    dividend of 3,514.36807 ZAR cents per Preference Share
-   Preference Shareholders who are not exempt from paying the Dividend Tax will receive a net
    dividend of 2,811.49446 ZAR cents per Preference Share.

By order of the board

P Jeewooth
Company Secretary
Investec Bank (Mauritius) Limited


03 August 2020


Sponsor:
Investec Bank Limited

Date: 03-08-2020 04:03:00
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