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ATLANTIC LEAF PROPERTIES LIMITED - Finalisation announcement in respect of the dividend for the six months ended 28 February 2019

Release Date: 03/05/2019 17:05
Code(s): ALP     PDF:  
Wrap Text
Finalisation announcement in respect of the dividend for the six months ended 28 February 2019

Atlantic Leaf Properties Limited
(Incorporated in Jersey)
(Registration Number: 128426)
SEM share code: ALPL.N0000
JSE share code: ALP
ISIN: MU0422N00009
("Atlantic Leaf" or the "Company")

FINALISATION ANNOUNCEMENT IN RESPECT OF THE DIVIDEND FOR THE SIX MONTHS ENDED 28 FEBRUARY 2019

Atlantic Leaf shareholders are referred to the dividend declaration announced on Tuesday, 23 April 2019 and
are advised that shareholders on the South African share register will receive their cash dividend in ZAR,
converted from GBP at an exchange rate as at 3 May 2019 of GBP1.00: ZAR 18.83. Accordingly, the cash
dividend of 4.65 GBP pence per share will be equal to ZAR 87.5595 cents per share.

The information provided in this paragraph is only of direct application to shareholders on the South African
share register. The gross local dividend amount is ZAR 87.5595 cents per share for shareholders exempt from
paying South African dividends tax. The net local dividend amount is ZAR 70.0476 cents per share for
shareholders liable to pay dividends tax at the rate of 20%.

There is no withholding tax payable in Mauritius.

This dividend is paid out of retained earnings accrued prior to the Company converting to Real Estate
Investment Trust status and therefore is not subject to withholding tax in the United Kingdom.

The salient dates and times announced on Tuesday, 23 April 2019 remain unchanged.

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

By order of the Board

For further information please contact:

JSE sponsor
Java Capital                                               +27 11 722 3050

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

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

3 May 2019

This notice is issued pursuant to the JSE Listings Requirements, SEM Listing Rule 15.24 and Rule 5(1) of the
Securities (Disclosure Obligations of Reporting Issuers) Rules 2007. The board of directors of Atlantic Leaf
accepts full responsibility for the accuracy of the information contained in this announcement.

Date: 03/05/2019 05:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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