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INVESTEC BANK MAURITIUS LIMITED - Preference share dividend announcement- IMRP12

Release Date: 02/04/2024 16:15
Code(s): IMRP12     PDF:  
Wrap Text
Preference share dividend announcement- IMRP12

Investec Bank (Mauritius) Limited
Incorporated in the Republic of Mauritius
Company Registration number 8752/3362
Business Registration number C09008752
JSE Share Code: IMRP12
JSE Issuer Code: IVES
ISIN: MU0455S00123
LEI Number: 213800VEN92NOOOJF52092N

Preference share dividend announcement

Class IMRP12 credit-linked redeemable cumulative non-participating no par value unsecured
preference shares (the "Preference Shares")

Declaration of dividend number 2

Notice is hereby given that preference dividend number 2 has been declared from retained earnings for
the period 26 January 2024 to and including 25 April 2024 amounting to 82,964.07671 ZAR cents per
Preference Share payable to holders of the Preference Shares as recorded in the books of Investec
Bank (Mauritius) Limited ("the Company") at the close of business on Friday, 19 April 2024.

The relevant dates relating to the payment of dividend number 2 are as follows:
Last day to trade cum-dividend                                             Tuesday, 16 April 2024
Preference Shares commence trading ex-                                   Wednesday, 17 April 2024
Record Date                                                                 Friday, 19 April 2024
Payment Date                                                                Friday, 26 April 2024

Preference Share certificates may not be dematerialised or rematerialised between Wednesday,
17 April 2024 and Friday, 19 April 2024, 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 IMRP12 of the capital of the Company is 1,875
    Preference Shares
•   The source of funds is Mauritius and 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 16,592.81534
    ZAR cents per Preference Share
•   Preference Shareholders who are exempt from paying the Dividend Tax will receive a gross
    dividend of 82,964.07671 ZAR cents per Preference Share
•   Preference Shareholders who are not exempt from paying the Dividend Tax will receive a net
    dividend of 66,371.26137 ZAR cents per Preference Share.

By order of the board

P Jeewooth
Company Secretary
Investec Bank (Mauritius) Limited

02 April 2024

Investec Bank Limited

Date: 02-04-2024 04:15:00
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