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INVESTEC BANK MAURITIUS LIMITED - Preference share dividend announcement

Release Date: 06/04/2021 12:50
Code(s): IMRP5     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: IMRP5
JSE Issuer Share Code: IVES
ISIN: MU0455S00040
LEI Number: 213800VEN92NOOOJF520

Preference share dividend announcement

Class IMRP5 redeemable cumulative non-participating no par value preference shares
(“preference shares”)

Declaration of dividend number 21

Notice is hereby given that preference dividend number 21 has been declared from retained earnings
for the period 28 January 2021 to and including 27 April 2021 amounting to 243.70000 USD cents per
share, converted to 3,566.91505 ZAR cents per share (using a ZAR/USD exchange rate of 14.6365 as
at 06 April 2021) 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, 23 April 2021.

The relevant dates relating to the payment of dividend number 21 are as follows:
Last day to trade cum-dividend                                          Tuesday, 20 April 2021
Preference Shares commence trading ex-                                Wednesday, 21 April 2021
Record date                                                              Friday, 23 April 2021
Payment date                                                          Wednesday, 28 April 2021

Preference Share certificates may not be dematerialised or rematerialised between Wednesday,
21 April 2021 and Friday, 23 April 2021, both dates inclusive.

Additional information to take note of:
•   The Company tax reference number is: 25003203
•   The issued Preference Shares in Class IMRP5 of the capital of the Company is 55 000 Preference
•   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 713.38301 ZAR cents per Preference Share
•   Preference Shareholders who are exempt from paying the Dividend Tax will receive a gross
    dividend of 3,566.91505 ZAR cents per Preference Share
•   Preference Shareholders who are not exempt from paying the Dividend Tax will receive a net
    dividend of 2,853.53204 ZAR cents per Preference Share.

By order of the board

P Jeewooth
Company Secretary
Investec Bank (Mauritius) Limited

06 April 2021

Investec Bank Limited

Date: 06-04-2021 12:50:00
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