Try our mobile app

Preference share dividend announcement : IMRP2

Buy Investec Stocks
Published: 2023-08-07 16:42:22 ET
<<<  go to JSE:INP company page
Investec Bank (Mauritius) Limited
Incorporated in the Republic of Mauritius
Company Registration number 8752/3362
Business Registration number C09008752
JSE Share Code: IMRP2
JSE Issuer Share Code: IVES
ISIN: MU0455S00016
LEI Number: 213800VEN92NOOOJF52092NOOOJF0

Preference share dividend announcement

Class IMRP2 redeemable cumulative non-participating unsecured listed 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 from 31 May 2023 to and including 30 August 2023 amounting to 747.97917 EUR cents
per Preference Share, converted to 15,288.69423 ZAR cents per Preference Share (using a ZAR/EUR
exchange rate of 20.44 as at 07 August 2023) payable to Preference Shareholders as recorded in the
books of the Investec Bank (Mauritius) Limited (“the Company”) at the close of business on Friday,
25 August 2023.

The relevant dates relating to the payment of dividend number 21 are as follows:
Last day to trade cum-dividend                                        Tuesday, 22 August 2023
Preference Shares commence trading ex-                            Wednesday, 23 August 2023
dividend
Record date                                                             Friday, 25 August 2023
Payment date                                                         Thursday, 31 August 2023

Preference Share certificates may not be dematerialised or rematerialised between Wednesday,
23 August 2023 and Friday, 25 August 2023, both dates inclusive.

Additional information to take note of:
•   The Company tax reference number is: 25003203
•   The issued Preference Shares in Class IMRP2 of the capital of the Company is 16 000 Preference
    Shares
•   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 3,057.73885 ZAR cents per Preference Share
•   Preference Shareholders who are exempt from paying the Dividend Tax will receive a gross
    dividend of 15,288.69423 ZAR cents per Preference Share
•   Preference Shareholders who are not exempt from paying the Dividend Tax will receive a net
    dividend of 12,230.95538 ZAR cents per Preference Share.

By order of the board

P Jeewooth
Company Secretary
Investec Bank (Mauritius) Limited


07 August 2023

Sponsor:
Investec Bank Limited