The Board is pleased to advise that at its meeting held on 18 July 2019, the directors approved the declaration of an interim gross cash dividend of 1,100 cents per share on the ordinary shares from profits accrued during the six-month period ended 30 June 2019, in line with the dividend policy of 40% pay-out ratio of headline earnings.
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 880.00 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, 22 July 2019
Last day for trading to qualify and participate in the final dividend Monday, 5 August 2019
Trading ex-dividend commences Tuesday, 6 August 2019
Record date Thursday, 8 August 2019
Dividend payment date Monday, 12 August 2019
Share certificates may not be dematerialised or rematerialised between Tuesday, 6 August 2019 and Thursday, 8 August 2019 both days inclusive. Any change of dividend instructions must be provided before Tuesday, 30 July 2019.
By order of the Board
E Viljoen
Company secretary
22 July 2019
Johannesburg, South Africa
Sponsor
Merrill Lynch South Africa Proprietary Limited