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INVESTEC BANK MAURITIUS LIMITED - Preference share dividend announcement

Release Date: 08/08/2022 16:09
Code(s): IMRP3     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: IMRP3
JSE Issuer Share Code: IVES
ISIN: MU0455S00024
LEI Number: 213800VEN92NOOOJF520

Preference share dividend announcement

Class IMRP3 redeemable cumulative non-participating no par value preference shares
(“preference shares”)

Declaration of dividend number 31

Notice is hereby given that preference dividend number 31 has been declared from retained earnings
for the period from 31 May 2022 to and including 30 August 2022 amounting to 106.31111 EUR cents
per Preference Share, converted to 1,808.88354 ZAR cents per share (using a ZAR/EUR exchange rate
of 17.0150 as at 08 August 2022) payable to holders of the Preference Shares as recorded in the books
of the Investec Bank (Mauritius) Limited (“the Company”) at the close of business on Friday,
26 August 2022.

The relevant dates relating to the payment of dividend number 31 are as follows:
Last day to trade cum-dividend                                        Tuesday, 23 August 2022
Preference Shares commence trading ex-                              Wednesday, 24 August 2022
dividend
Record Date                                                             Friday, 26 August 2022
Payment Date                                                         Wednesday, 31 August 2022

Preference Share certificates may not be dematerialised or rematerialised between Wednesday,
24 August 2022 and Friday, 26 August 2022, both dates inclusive.

Additional information to take note of:
•   The Company’s tax reference number is: 25003203
•   The issued Preference Shares in Class IMRP3 of the capital of the Company is 40 000 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 361.77671 ZAR cents per Preference Share
•   Preference Shareholders who are exempt f rom paying the Dividend Tax will receive a gross
    dividend of 1,808.88354 ZAR cents per Preference Share
•   Preference Shareholders who are not exempt f rom paying the Dividend Tax will receive a net
    dividend of 1,447.10683 ZAR cents per Preference Share.

By order of the board

P Jeewooth
Company Secretary
Investec Bank (Mauritius) Limited


08 August 2022

Sponsor:
Investec Bank Limited

Date: 08-08-2022 04:09:00
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