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INVESTEC BANK MAURITIUS LIMITED - Preference share dividend announcement - IMRP7

Release Date: 10/05/2022 17:10
Code(s): IMRP7     PDF:  
Wrap Text
Preference share dividend announcement - IMRP7

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
LEI Number: 213800VEN92NOOOJF520

Preference share dividend announcement

Class IMRP7 redeemable cumulative non-participating no par value preference shares
(“preference shares”)

Declaration of dividend number 21

Notice is hereby given that preference dividend number 21 has been declared from retained earnings
for the period from 28 February 2022 to and including 30 May 2022 amounting to 369.57123 USD cents
per share, converted to 5,966.06228 ZAR cents per share (using a ZAR/USD exchange rate of 16.1432
as at 10 May 2022) 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, 27 May 2022.

The relevant dates relating to the payment of dividend number 21 are as follows:
Last day to trade cum-dividend                                            Tuesday, 24 May 2022
Preference Shares commence trading ex-                                  Wednesday, 25 May 2022
dividend
Record Date                                                                Friday, 27 May 2022
Payment Date                                                              Tuesday, 31 May 2022

Preference Share certificates may not be dematerialised or rematerialised between Wednesday,
25 May 2022 and Friday, 27 May 2022, both dates inclusive.

Additional information to take note of:
-   The Company’s tax reference number is: 25003203
-   The number of issued Preference Shares in Class IMRP7of the capital of the Company is 75 000
    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 1,193.21246 ZAR cents per share
-   Preference Shareholders who are exempt from paying the Dividend Tax will receive a gross
    dividend of 5,966.06228 ZAR cents per preference share
-   Preference Shareholders who are not exempt from paying the Dividend Tax will receive a net
    dividend of 4,772.84982 ZAR cents per preference share.

By order of the board

P Jeewooth
Company Secretary
Investec Bank (Mauritius) Limited

10 May 2022

Sponsor:
Investec Bank Limited

Date: 10-05-2022 05:10:00
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