Finalisation announcement in respect of the cash distribution for the year ended 30 June 2021
UNIVERSAL PARTNERS LIMITED
(Incorporated in the Republic of Mauritius)
(Registration number: 138035 C1/GBL)
SEM share code: UPL.N0000
JSE share code: UPL
("Universal Partners" or "the Company")
FINALISATION ANNOUNCEMENT IN RESPECT OF THE CASH DISTRIBUTION FOR THE YEAR ENDED 30 JUNE 2021
Universal Partners shareholders are referred to the cash distribution announcement released on the Stock Exchange
News Service ("SENS") of the JSE Limited ("JSE") and the website of the Stock Exchange of Mauritius Ltd ("SEM") on
Friday, 29 October 2021 regarding the declaration of a cash distribution of 20.7 GBP pence per share for the financial
year ended 30 June 2021.
Shareholders holding shares traded on the JSE will receive their cash distribution in South African Rand ("ZAR")
converted from Pound Sterling ("GBP") at an exchange rate of GBP 1.00 : ZAR 20.5376, being the rate at which
Universal Partners has fixed to convert from GBP to ZAR on 16 November 2021. Accordingly, the cash distribution of
20.7 GBP pence per share will be ZAR 4.25128. Shareholders holding shares traded on the SEM will receive their cash
distribution in Pounds Sterling.
Dividend tax (and therefore the information provided in this paragraph) is only of direct application to shareholders
holding shares traded on the JSE. The gross local distribution amount is ZAR 4.25128 for shareholders exempt from
paying dividends tax. The net local distribution amount is ZAR 3.40102 per share for shareholders liable to pay the
dividend tax rate of 20%.
The cash distribution will be paid from Mauritius and there is no withholding tax payable in Mauritius. However, the
distribution may have tax implications for shareholders holding Universal Partners shares on the Mauritian register.
The relevant shareholders are advised to consult their professional advisors regarding the tax consequences, in any,
of the distribution, should they be in doubt.
The salient dates and times announced on Friday, 29 October 2021 remain unchanged.
Universal Partners has its primary listing on the Official List of the SEM and a secondary listing on the Alternative
Exchange of the JSE.
By order of the Board
16 November 2021
For further information please contact:
SEM authorised representative
JSE sponsor and sponsor Company Secretary
Java Capital Perigeum Capital Intercontinental Trust Ltd
Tel: +27 11 722 3050 Tel: +230 402 0890 Tel: +230 403 0800
This notice is issued pursuant to SEM Listing Rule 11.3, Rule 5(1) of the Securities (Disclosure Obligations of Reporting Issuers)
Rules 2007 and the JSE Listing Requirements. The Board of Universal Partners accepts full responsibility for the accuracy of the
information contained in this announcement.
Date: 16-11-2021 01:17:00
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