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INVESTEC BANK MAURITIUS LIMITED - Preference share dividend announcement -IMRP3

Release Date: 05/11/2019 16:15
Code(s): IMRP3     PDF:  
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Preference share dividend announcement -IMRP3

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

Preference share dividend announcement

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

Declaration of dividend number 20

Notice is hereby given that preference dividend number 20 has been declared from retained earnings
for the period 28 August 2019 to and including 27 November 2019 amounting to 154.86668 EUR cents
per share, converted to 2,542.92637 ZAR cents per share (using a ZAR/EUR exchange rate of 16.4201
as at 05 November 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, 22 November 2019.

The relevant dates relating to the payment of dividend number 20 are as follows:

Last day to trade cum-dividend                                      Tuesday, 19 November 2019
Shares commence trading ex-dividend                               Wednesday, 20 November 2019
Record date                                                          Friday, 22 November 2019
Payment date                                                       Thursday, 28 November 2019

Share certificates may not be dematerialised or rematerialised between Wednesday, 20 November 2019
and Friday, 22 November 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 508.58527 ZAR cents per share
•   Preference shareholders who are exempt from paying the Dividend Tax will receive a gross
    dividend of 2,542.92637 ZAR cents per preference share
•   Preference shareholders who are not exempt from paying the Dividend Tax will receive a net
    dividend of 2,034.34110 ZAR cents per preference share.

By order of the board

P Jeewooth
Company Secretary
Investec Bank (Mauritius) Limited

05 November 2019

Investec Bank Limited

Date: 05/11/2019 04:15:00
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