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INVESTEC BANK MAURITIUS LIMITED - Preference share dividend announcement

Release Date: 07/05/2019 16:07
Code(s): IMRP3     PDF:  
 
Wrap Text
Preference share dividend announcement

Investec Bank (Mauritius) Limited
Incorporated in the Republic of Mauritius
Company Registration number 8752/3362
Business Registration number C09008752
JSE Share Code: IMRP3
ISIN: MU0455S00024

Preference share dividend announcement

Class IMRP3 redeemable cumulative non-participating no par value preference shares
(“preference shares”)

Declaration of dividend number 18

Notice is hereby given that preference dividend number 18 has been declared from retained earnings
for the period 28 February 2019 to and including 27 May 2019 amounting to 163.16668 EUR cents per
share, converted to 2,653.28602 ZAR cents per share (using a ZAR/EUR exchange rate of 16.2612 as
at 07 May 2019) payable to holders of the Class IMRP3 redeemable cumulative non-participating no
par value preference shares as recorded in the books of the company at the close of business on Friday,
24 May 2019.

The relevant dates relating to the payment of dividend number 18 are as follows:
Last day to trade cum-dividend                                              Tuesday, 21 May 2019
Shares commence trading ex-dividend                                       Wednesday, 22 May 2019
Record date                                                                  Friday, 24 May 2019
Payment date                                                                Tuesday, 28 May 2019

Share certificates may not be dematerialised or rematerialised between Wednesday, 22 May 2019 and
Friday, 24 May 2019, both dates inclusive.

Additional information to take note of:
•   The Investec Bank (Mauritius) Limited company tax reference number: 25003203
•   The issued class IMRP3 preference share capital of Investec Bank (Mauritius) Limited is 40 000
    preference shares
•   The dividend paid by Investec Bank (Mauritius) Limited 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 530.65720 ZAR cents per share
•   Preference shareholders who are exempt from paying the Dividend Tax will receive a gross
    dividend of 2,653.28602 ZAR cents per preference share
•   Preference shareholders who are not exempt from paying the Dividend Tax will receive a net
    dividend of 2,122,62882 ZAR cents per preference share.

By order of the board


P Jeewooth
Company Secretary
Investec Bank (Mauritius) Limited


07 May 2019


Sponsor:
Investec Bank Limited

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