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INVESTEC BANK MAURITIUS LIMITED - Preference share dividend announcement

Release Date: 11/08/2020 17:07
Code(s): IMRP1     PDF:  
Wrap Text
Preference share dividend announcement

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 No: 549300RH5FFHO48FXT69

Preference share dividend announcement

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

Declaration of dividend number 9

Notice is hereby given that preference dividend number 9 has been declared from retained earnings for
the period 04 June 2020 to and including 03 September 2020 amounting to 118.34266 EUR cents per
Preference Share, converted to 2,449.21969 ZAR cents per Preference Share (using a ZAR/EUR
exchange rate of 20.6960 as at 11 August 2020) payable to holders of the Preference Shares as
recorded in the books of Investec Bank (Mauritius) Limited (“the Company”) as at the close of business
on Friday, 28 August 2020.

The relevant dates relating to the payment of dividend number 9 are as follows:
Last day to trade cum-dividend                                          Tuesday, 25 August 2020
Preference Shares commence trading ex-
dividend                                                                Wednesday, 26 August 2020
Record Date                                                             Friday, 28 August 2020
Payment Date                                                            Friday, 04 September 2020

Preference Share certificates may not be dematerialised or rematerialised between Wednesday,
26 August 2020 and Friday, 28 August 2020, 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 489.84394 ZAR cents per share
-   Preference shareholders who are exempt from paying the Dividends Tax will receive a gross
    dividend of 2,449.21969 ZAR cents per Preference Share
-   Preference Shareholders who are not exempt from paying the Dividends Tax will receive a net
    dividend of 1,959.37575 ZAR cents per Preference Share.

By order of the board

P Jeewooth
Company Secretary
Investec Bank (Mauritius) Limited

11 August 2020
Investec Bank Limited

Date: 11-08-2020 05:07:00
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