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Finalisation Announcement In Respect Of The Special Dividend

Published: 2023-10-26 12:00:22 ET
<<<  go to JSE:ZED company page
ZEDER INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2006/019240/06)
Share code: ZED
ISIN: ZAE000088431
LEI: 37890022AF5FD117D649
(“Zeder” or “the Company”)


FINALISATION ANNOUNCEMENT IN RESPECT OF THE SPECIAL DIVIDEND


Zeder shareholders (“Shareholders”) are referred to the announcements published on the JSE
Limited’s Stock Exchange News Service (“SENS”) on 17 October 2023 (“Declaration
Announcement”) and 24 October 2023 (“Update Announcement”), respectively, advising, inter alia,
that the Company’s board has approved and declared a non-recurring gross special dividend of 10.0
cents per Zeder share, from income reserves ("Special Dividend"), subject to the required South
African Reserve Bank (“SARB”) approval being obtained for the declaration of the Special Dividend
("Condition").

The Company is pleased to announce that the required SARB approval for the declaration of the
Special Dividend has been obtained and that the Condition has therefore been fulfilled.

The revised salient dates applicable to the Special Dividend are as follows.

                                                                                       2023
 Finalisation date                                                      Thursday, 26 October

 Last day to trade cum dividend                                         Tuesday, 7 November

 Trading ex dividend commences                                      Wednesday, 8 November

 Record date                                                             Friday, 10 November

 Date of payment                                                       Monday, 13 November


Share certificates may not dematerialised or rematerialised between Wednesday, 8 November 2023
and Friday, 10 November 2023, both dates inclusive.

All other relevant information relating to the Special Dividend (including the tax implications), as set
out in the Declaration Announcement, remain unchanged.


Stellenbosch
26 October 2023

                   Sponsor                                Independent Joint Sponsor
                  PSG Capital                                 Tamela Holdings