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ATLANTIC LEAF PROPERTIES LIMITED - Declaration of 4.65 GBP pence dividend and availability of the summarised results for the year ended 28 Feb 2019

Release Date: 23/04/2019 14:23
Code(s): ALP     PDF:  
 
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Declaration of 4.65 GBP pence dividend and availability of the summarised results for the year ended 28 Feb 2019

Atlantic Leaf Properties Limited
Registered by continuation in Jersey
Registration number: 128426
SEM share code: “ALPL.N0000”
JSE share code: “ALP”
ISIN: “MU0422N00009”
www.atlanticleaf.mu
("Atlantic Leaf" or "the Company")

DECLARATION OF 4.65 GBP PENCE DIVIDEND AND AVAILABILITY OF THE
SUMMARISED RESULTS OF THE AUDITED FINANCIAL STATEMENTS FOR
THE YEAR ENDED 28 FEBRUARY 2019


DECLARATION OF 4.65 GBP PENCE DIVIDEND

Shareholders are advised that the board of directors of Atlantic Leaf ("the Board") has
approved and declared a cash dividend of 4.65 GBP pence per share in respect of the six months
ended 28 February 2019 out of the Company's distributable profits.

The salient dates for the dividend for shareholders on the South African and Mauritian registers
are set out below:

Announcement of GBP to Rand conversion rate on or before:            Monday, 6 May 2019
Last day to trade cum dividend:                                      Tuesday, 14 May 2019
Securities trade ex dividend:                                        Wednesday, 15 May 2019
Record date:                                                         Friday, 17 May 2019
Payment date:                                                        Monday, 20 May 2019

Dematerialisation or rematerialisation of share certificates may not take place between
Wednesday, 15 May 2019 and Friday, 17 May 2019 both days inclusive. Transfer of shares
between sub-registers in Mauritius and South Africa may not take place between Monday, 6
May 2019 and Friday, 17 May 2019 both days inclusive. Shareholders on the South African
sub-register will receive dividends in South African Rand, based on the exchange rate to be
obtained by the Company on or before Monday, 6 May 2019. A further announcement in this
regard will be made on or before Monday, 6 May 2019.

The payment source of the dividend will be from Jersey. South African shareholders are
advised that the cash dividend will be regarded as a foreign dividend and may be subject to
South African dividends withholding tax. Accordingly, South African shareholders may be
subject to a dividend withholding tax rate of 20%, unless an exemption as set out in the South
African tax legislation applies.

The receipt of the cash dividend may have tax implications for shareholders who are resident
in Mauritius or other countries other than South Africa. Atlantic Leaf shareholders are advised
to consult their professional advisors regarding the tax consequence of the cash dividend should
they be in any doubt as to the appropriate action they should take. There is no dividends
withholdings tax in Mauritius.

At the date of this announcement, the issued share capital of the Company is 188 976 628
ordinary shares of no par value.

AVAILABILITY OF THE SUMMARISED RESULTS OF THE AUDITED
FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2019

The Board wishes to inform the shareholders of Atlantic Leaf and the general public that the
summarised results of the audited financial statements of the Company for the year ended 28
February 2019 have been published on 23 April 2019 and can be viewed on the Company’s
website (www.atlanticleaf.mu/investors/announcements/).

Atlantic Leaf has a primary listing on the Main Board of the JSE Limited and a secondary
listing on the Official Market of the Stock Exchange of Mauritius Ltd.

By order of the Board

For further information please contact:


 JSE sponsor
 Java Capital                                                       +27 11 722 3050

 SEM authorised representative and sponsor
 Perigeum Capital Ltd                                               +230 402 0890

 Company secretary
 Ocorian Secretaries (Jersey) Limited                               +44 1534 507000

23 April 2019


This notice is issued pursuant to SEM Listing Rules 15.24 and 12.14 and Rule 5(1) of the Securities (Disclosure
Obligations of Reporting Issuers) Rules 2007. The Board accepts full responsibility for the accuracy of the
information contained in this announcement.

Date: 23/04/2019 02:23:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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