The Board is pleased to advise that at its meeting held on 19 July 2018, the directors approved the declaration of an interim gross cash dividend of 374 cents per share on the ordinary shares from profits accrued during the six-month period ended 30 June 2018, in line with the adopted pay-out ratio driven dividend policy.
The dividend will be subject to a dividend withholding tax of 20% for all shareholders who are not exempt from or do not qualify for a reduced rate of withholding tax. The net dividend payable to shareholders subject to withholding tax at a rate of 20% amounts to 299.20 cents per share.
The issued share capital at the declaration date is 269,681,886 ordinary shares and the Company’s tax number is 9575104717.
The salient dates are as follows:
Publication of declaration data Monday, 23 July 2018
Last day for trading to qualify and participate in the final dividend Monday, 6 August 2018
Trading ex-dividend commences Tuesday, 7 August 2018
Record date Friday, 10 August 2018
Dividend payment date Monday, 13 August 2018
Share certificates may not be dematerialised or rematerialised between Tuesday, 7 August 2018 and Friday, 10 August 2018 both days inclusive. Any change of dividend instructions must be provided before 31 July 2018.
By order of the Board
E Viljoen
Company secretary
23 July 2018
Johannesburg, South Africa
Sponsor
Merrill Lynch South Africa Proprietary Limited