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INVESTEC BANK MAURITIUS LIMITED - Preference share dividend announcement - IMRP5

Release Date: 08/04/2024 15:30
Code(s): IMRP5     PDF:  
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Preference share dividend announcement - IMRP5

Investec Bank (Mauritius) Limited
Incorporated in the Republic of Mauritius
Company Registration number 8752/3362
Business Registration number C09008752
JSE Share Code: IMRP5
JSE Issuer Share Code: IVES
ISIN: MU0455S00040
LEI Number: 213800VEN92NOOOJF520

Preference share dividend announcement

Class IMRP5 redeemable cumulative non-participating no par value preference shares
("preference shares")

Declaration of dividend number 33

Notice is hereby given that preference dividend number 33 has been declared from retained earnings
for the period from 29 January 2024 to and including 28 April 2024 amounting to 1,286.05042 USD
cents per share, converted to 23,935.00588 ZAR cents per share (using a ZAR/USD exchange rate of
18.61125 as at 08 April 2024) 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,
26 April 2024.

The relevant dates relating to the payment of dividend number 33 are as follows:
Last day to trade cum-dividend                                            Tuesday, 23 April 2024
Preference Shares commence trading ex-                                Wednesday, 24 April 2024
Record date                                                                  Friday, 26 April 2024
Payment date                                                               Monday, 29 April 2024

Preference Share certificates may not be dematerialised or rematerialised between Wednesday,
24 April 2024 and Friday, 26 April 2024, both dates inclusive.

Additional information to take note of:
•   The Company tax reference number is: 25003203
•   The issued Preference Shares in Class IMRP5 of the capital of the Company is 55 000 Preference
•   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 4,787.00118
    ZAR cents per Preference Share
•   Preference Shareholders who are exempt from paying the Dividend Tax will receive a gross
    dividend of 23,935.00588 ZAR cents per Preference Share
•   Preference Shareholders who are not exempt from paying the Dividend Tax will receive a net
    dividend of 19,148.00470 ZAR cents per Preference Share.

By order of the board

P Jeewooth
Company Secretary
Investec Bank (Mauritius) Limited

08 April 2024

Investec Bank Limited

Date: 08-04-2024 03:30:00
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