Enhanced Investments - Financial Portal

Finalisation announcement regarding the declaration of the special dividend

Published: 2023-08-01 16:44:27 ET

ADCORP HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1974/001804/06
Share code: ADR
ISIN: ZAE000000139
("Adcorp" )



FINALISATION ANNOUNCEMENT REGARDING THE DECLARATION OF THE SPECIAL
DIVIDEND


Shareholders are referred to the announcement released on SENS on Monday, 29 May 2023,
advising shareholders that the board of directors (“the Board”) of Adcorp had approved and
declared a special gross dividend of 91,3 cents per ordinary share, which special dividend was
subject to the required South African Reserve Bank (“SARB”) approval being obtained for the
declaration of same.

Shareholders are hereby advised that SARB approval for the declaration of the special dividend
has been obtained. Accordingly, the salient dates and times for the payment of the special
dividend are as follows:

 Last day to trade cum special dividend                         Tuesday, 15 August 2023
 Securities commence trading ex special dividend              Wednesday, 16 August 2023
 Record date for purposes of determining the registered           Friday, 18 August 2023
 holders of ordinary shares to participate in the special
 dividend at close of business on
 Payment date                                                     Monday, 21 August 2023

Share certificates may not be dematerialised or rematerialised between Wednesday, 16 August
2023 and Friday, 18 August 2023, both dates inclusive.


Johannesburg
1 August 2023


Sponsor
Valeo Capital (Pty) Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.