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INVESTEC BANK MAURITIUS LIMITED - Preference share dividend announcement -IMRP5

Release Date: 09/07/2019 14:52
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
ISIN: MU0455S00040

Preference share dividend announcement

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

Declaration of dividend number 14

Notice is hereby given that preference dividend number 14 has been declared from retained earnings
for the period 29 April 2019 to and including 28 July 2019 amounting to 724.43684 USD cents per share,
converted to 10,327.57159 ZAR cents per share (using a ZAR/USD exchange rate of 14.2560 as at
09 July 2019) payable to holders of the Class IMRP5 redeemable cumulative non-participating no par
value preference shares as recorded in the books of the company at the close of business on Friday,
26 July 2019.

The relevant dates relating to the payment of dividend number 14 are as follows:

Last day to trade cum-dividend                                            Tuesday, 23 July 2019
Shares commence trading ex-dividend                                     Wednesday, 24 July 2019
Record date                                                                Friday, 26 July 2019
Payment date                                                               Monday, 29 July 2019

Share certificates may not be dematerialised or rematerialised between Wednesday, 24 July 2019 and
Friday, 26 July 2019, both dates inclusive.

Additional information to take note of:
•   The Investec Bank (Mauritius) Limited company tax reference number: 25003203
•   The issued class IMRP5 preference share capital of Investec Bank (Mauritius) Limited is 55 000
    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 2,065.51432 ZAR cents per share
•   Preference shareholders who are exempt from paying the Dividend Tax will receive a gross
    dividend of 10,327.57159 ZAR cents per preference share
•   Preference shareholders who are not exempt from paying the Dividend Tax will receive a net
    dividend of 8,262.05727 ZAR cents per preference share.

By order of the board


P Jeewooth
Company Secretary
Investec Bank (Mauritius) Limited


09 July 2019


Sponsor:
Investec Bank Limited

Date: 09/07/2019 02:52:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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