Enhanced Investments - Financial Portal

Cash payment in respect of fractional entitlements

Published: 2023-08-31 11:55:33 ET

LIGHTHOUSE PROPERTIES p.l.c.
(Registered in Malta)
(Registration number: C 100848)
Share code: LTE
ISIN: MU0461N00015
LEI: 549300UG27SWRF0X2U62
(“Lighthouse”)



CASH PAYMENT IN RESPECT OF FRACTIONAL ENTITLEMENTS



Lighthouse shareholders are referred to the dividend declaration announcement released on Tuesday, 15 August
2023 and the circular distributed to shareholders in respect of a cash dividend of 1,35 EUR cents per share, with an
alternative scrip distribution option of 1,35 EUR cents per share (“Scrip Distribution”).

The allocation of new Lighthouse shares will be such that shareholders who elect to receive the Scrip Distribution
will not be allocated a fraction of a new Lighthouse share and as such any entitlement to receive a fraction of a new
Lighthouse share will be rounded down to the nearest whole number and the value of the fraction will be paid to
shareholders, less South African dividend tax at a rate of 20% which may be payable by shareholders liable for
South African dividend tax.

Shareholders are advised that the fraction rate has been calculated as the volume weighted average price of a
Lighthouse share traded on the JSE on Wednesday, 30 August 2023, of 545,77309 ZAR cents (26,74637 EUR
cents) converted from EUR at an exchange rate of ZAR 20,4055:EUR 1,00 (determined as the closing foreign
exchange rate on Wednesday, 30 August 2023) discounted by 10%, being 491,19578 ZAR cents (24,07173 EUR
cents) per Lighthouse share. The gross fraction rate to be paid will be 491,19578 ZAR cents (24,07173 EUR cents).
The net fraction rate paid will be 392,95662 ZAR cents (19,25739 EUR cents) per Lighthouse share for payments
which are subject to South African dividend tax.

31 August 2023


          JSE sponsor and corporate advisor                                      Company Secretary




                                                             Stonehage Fleming Malta Limited is a member of the Stonehage Fleming
                                                                                     Group of Companies
                   Tel: +27 11 722 3050                                           Tel: +356 2144 6377

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

Important disclosures

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.

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Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
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.