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INVESTEC BANK MAURITIUS LIMITED - Preference share dividend announcement - IMRP6

Release Date: 03/08/2020 16:03
Code(s): IMRP6     PDF:  
Wrap Text
Preference share dividend announcement - IMRP6

Investec Bank (Mauritius) Limited
Incorporated in the Republic of Mauritius
Company Registration number 8752/3362
Business Registration number C09008752
JSE Share Code: IMRP6
JSE Issuer Code: IVES
ISIN: MU0455S00057

Preference share dividend announcement

Class IMRP6 redeemable cumulative non-participating no par value preference shares
(“preference shares”)

Declaration of dividend number 23

Notice is hereby given that preference dividend number 23 has been declared from retained earnings
for the period 29 May 2020 to and including 27 August 2020 amounting to 346.30556 USD cents per
share, converted to 5,987.96944 ZAR cents per Preference Share (using a ZAR/USD exchange rate of
17.2910 as at 03 August 2020) payable to holders of the Preference Shares as recorded in the books
of Investec Bank (Mauritius) Limited (“the Company”) at the close of business on Friday,
21 August 2020.

The relevant dates relating to the payment of dividend number 23 are as follows:
Last day to trade cum-dividend                                         Tuesday, 18 August 2020
Preference Shares commence trading ex-                               Wednesday, 19 August 2020
Record Date                                                             Friday, 21 August 2020
Payment Date                                                            Friday, 28 August 2020

Preference Share certificates may not be dematerialised or rematerialised between Wednesday,
19 August 2020 and Friday, 21 August 2020, both dates inclusive.

Additional information to take note of:
-   The Company’s tax reference number is: 25003203
-   The number of issued Preference Shares in Class IMRP6 of the capital of the Company is 100 000
    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 1,197.59389 ZAR cents per share
-   Preference Shareholders who are exempt from paying the Dividend Tax will receive a gross
    dividend of 5,987.96944 ZAR cents per preference share
-   Preference Shareholders who are not exempt from paying the Dividend Tax will receive a net
    dividend of 4,790.37555 cents per preference share.

By order of the board

P Jeewooth
Company Secretary
Investec Bank (Mauritius) Limited

03 August 2020

Investec Bank Limited

Date: 03-08-2020 04:03:00
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