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INVESTEC BANK MAURITIUS LIMITED - Preference share dividend announcement - IMRP3

Release Date: 05/02/2021 16:04
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
LEI Number: 213800VEN92NOOOJF520

Preference share dividend announcement

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

Declaration of dividend number 25

Notice is hereby given that preference dividend number 25 has been declared from retained earnings
for the period 30 November 2020 to and including 25 February 2021 amounting to 134.68890 EUR cents
per Preference Share, converted to 2,414.29853 ZAR cents per share (using a ZAR/EUR exchange rate
of 17.9250 as at 05 February 2021) 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,
19 February 2021.

The relevant dates relating to the payment of dividend number 25 are as follows:
Last day to trade cum-dividend                                       Tuesday, 16 February 2021
Preference Shares commence trading ex-                             Wednesday, 17 February 2021
Record Date                                                           Friday, 19 February 2021
Payment Date                                                          Friday, 26 February 2021

Preference Share certificates may not be dematerialised or rematerialised between Wednesday,
17 February 2021 and Friday, 19 February 2021, 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
•   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 482.85971 ZAR cents per Preference Share
•   Preference Shareholders who are exempt from paying the Dividend Tax will receive a gross
    dividend of 2,414.29853 ZAR cents per Preference Share
•   Preference Shareholders who are not exempt from paying the Dividend Tax will receive a net
    dividend of 1,931.43882 ZAR cents per Preference Share.

By order of the board

P Jeewooth
Company Secretary
Investec Bank (Mauritius) Limited

05 February 2021

Investec Bank Limited

Date: 05-02-2021 04:04:00
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