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INVESTEC BANK MAURITIUS LIMITED - Preference share dividend announcement - IMRP1

Release Date: 10/05/2022 15:43
Code(s): IMRP1     PDF:  
Wrap Text
Preference share dividend announcement  - IMRP1

Investec Bank (Mauritius) Limited
Incorporated in the Republic of Mauritius
Company Registration number 8752/3362
Business Registration number C09008752
JSE Share Code: IMRP1
JSE Issuer Share Code: IVES
ISIN: MU0455S00008
LEI Number: 213800VEN92NOOOJF520

Preference share dividend announcement

Class IMRP1 redeemable cumulative non-participating unsecured listed no par value preference
shares (“Preference Shares”)

Declaration of dividend number 16

Notice is hereby given that preference dividend number 16 has been declared from retained earnings
for the period from 28 February 2022 to and including 30 May 2022 amounting to 77.73489 EUR cents
per Preference Share, converted to 1321.49313 ZAR cents per Preference Share (using a ZAR/EUR
exchange rate of 17.00 as at 10 May 2022) payable to Preference Shareholders as recorded in the
books of Investec Bank (Mauritius) Limited (“the Company”) as at the close of business on Friday,
27 May 2022.

The relevant dates relating to the payment of the dividend number 16 are as follows:

Last day to trade cum-dividend                                           Tuesday, 24 May 2022
Preference Shares commence trading ex-                                 Wednesday, 25 May 2022
Record date                                                               Friday, 27 May 2022
Payment date                                                             Tuesday, 31 May 2022

Preference Share certificates may not be dematerialised or rematerialised between Wednesday,
25 May 2022 and Friday, 27 May 2022, both dates inclusive.

Additional information to take note of:
-   The Company’s tax reference number: 25003203
-   The number of issued Preference Shares in Class IMRP1 of the capital of the Company is 50 000
    Preference Shares
-   The dividend paid by the Company 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 264.29863 ZAR cents per share
-   Preference Shareholders who are exempt from paying the Dividends Tax will receive a gross
    dividend of 1,321.49313 ZAR cents per Preference Share
-   Preference Shareholders who are not exempt from paying the Dividends Tax will receive a net
    dividend of 1,057.19450 ZAR cents per Preference Share.

By order of the board

P Jeewooth
Company Secretary
Investec Bank (Mauritius) Limited

10 May 2022

Investec Bank Limited

Date: 10-05-2022 03:43:00
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