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MIX TELEMATICS LIMITED - US GAAP earnings announcement in respect of the 3rd quarter of fiscal 2021 and declaration of cash dividend

Release Date: 28/01/2021 13:05
Code(s): MIX     PDF:  
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US GAAP earnings announcement in respect of the 3rd quarter of fiscal 2021 and declaration of cash dividend

MiX TELEMATICS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1995/013858/06)
JSE share code: MIX ISIN: ZAE000125316
NYSE share code: MIXT
LEI Code: 529900S6HHR7CK7BU646
(“MiX Telematics” or “the Company”)



PUBLICATION OF US GAAP EARNINGS ANNOUNCEMENT IN RESPECT OF THE THIRD QUARTER OF FISCAL 2021 AND DECLARATION OF CASH DIVIDEND


MiX Telematics changed from being a foreign private issuer to a U.S. domestic filer with effect from April 1, 2020. As
a result of the change in status, the Company is required to comply with and report its quarterly financial results in
accordance with accounting principles generally accepted in the United States (“GAAP”) and in U.S. Dollars from a
United States Securities and Exchange Commission (“SEC”) perspective.

Shareholders are accordingly advised that the Company’s third quarter fiscal 2021 results were filed on Form 8-K on
January 28, 2021 with the SEC and are available on the Company’s website, at www.mixtelematics.com under Investor
Information – SEC filings.

Shareholders are further advised that the board of directors have declared a dividend of 4 South African cents, in respect
of the third quarter of fiscal 2021 which ended on December 31, 2020.

The salient dates in respect of the cash dividend are as follows:

Last day to trade cum dividend                                                              Tuesday, February 16, 2021
Securities trade ex dividend                                                              Wednesday, February 17, 2021
Record date                                                                                  Friday, February 19, 2021
Payment date                                                                                 Monday, February 22, 2021

Share certificates may not be dematerialized or rematerialized between Wednesday, February 17, 2021 and Friday,
February 19, 2021, both days inclusive.

Shareholders are advised of the following additional information:

•   the dividend has been declared out of income reserves;
•   the local dividends tax rate is 20%;
•   the gross local dividend amounts to 4 South African cents per ordinary share;
•   the net local dividend amount is 3.2 South African cents per ordinary share for shareholders liable to pay dividends tax;
•   the issued ordinary share capital of MiX Telematics is 605,136,339 ordinary shares of no par value; and
•   the Company’s tax reference number is 9155/661/84/7.

January 28, 2021

JSE sponsor
Java Capital

Date: 28-01-2021 01:05:00
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