Try our mobile app

DCCUS2 - 2yr Dollar Custodial Certificates Interest Distribution

Buy Firstrand Stocks
Published: 2022-06-03 09:20:44 ET
<<<  go to JSE:FSR company page
FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1929/001225/06)
LEI: ZAYQDKTCATIXF9OQY690
Alpha code: DCCUS2
ISIN: ZAE000251179
(FRB)


2YR DOLLAR CUSTODIAL CERTIFICATES INTEREST DISTRIBUTION

Notice is hereby given that FRB will pay a cash distribution to the holders of the 2yr dollar custodial
certificates (DCCUS2) listed on the exchange traded funds sector of the JSE Limited, in accordance with
clause 12 of the Offering Circular dated 31 October 2017, as per the table below.

 Alpha Code: DCCUS2                                        Interest       Total
 Distribution Source type                                  Local
 Net Distribution Reinvested                               No
 Source of Funds (Country Code)                            ZA
 Subject to Foreign Withholding tax                        No
 Gross Foreign Rate (cents per unit)
 Foreign Tax % withheld at source
 Foreign Tax amount per unit
 DTA with Source Country
 Foreign Tax Reclaim %
 Portfolio/Management Cost
 Interest Expense
 Other costs
 Gross ZA Distribution (Cents per unit)                    271.25000       271.25000
 Gross Local Rate (cents per unit)                         271.25000       271.25000
 SA Withholding Tax %
 SA Withholding Tax amount per unit
 Local Net Rate                                            271.25000       271.25000

For purposes of clarity, kindly note that the distribution will be marked as interest in accordance with the
JSE’s payment infrastructure. Investors are advised that no lending relationship exists between themselves
and the Issuer.

The salient dates for the payment will be as follows:

Last day to trade to receive the payment                                            Tuesday, 21 June 2022
Shares commence trading “ex” the payment on                                       Wednesday, 22 June 2022
Record date                                                                           Friday, 24 June 2022
Payment date                                                                        Monday, 27 June 2022

The DCCUS2 certificates may not be dematerialised or rematerialised between Wednesday, 22 June 2022
and Friday, 24 June 2022, both days inclusive.

Local dividend tax of 20% is not applicable to the payment amount.

The payment has been calculated with reference to interest paid by FRB.

FRB had 151 000 DCCUS2 units in issue as at the date of receipt of the income on the underlying asset.
Sandton
3 June 2022

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)