Try our mobile app

Dividend Declaration for the year ended 30 June 2022

Published: 2022-07-01 18:40:25 ET
<<<  go to JSE:TLM company page
                                     TELEMASTERS HOLDINGS LIMITED
                                 (Registration Number: 2006/015734/06)
                                   JSE Code: TLM ISIN: ZAE 000093324
                                   (“TeleMasters” or “the Company”)


                        DIVIDEND DECLARATION FOR THE YEAR ENDED 30 JUNE 2022


Dividend Declaration
Notice is hereby given that a gross year end cash dividend (Number 56) of 0.5 cents per share has been
declared and is payable to all shareholders recorded in the share register of the Company at the close of
business on Friday, 22 July 2022. The dividend will be subject to the Dividends Tax that was introduced with
effect from 1 April 2012. In accordance with the provisions of the Listings Requirements of the Johannesburg
Stock Exchange, the following additional information is disclosed:

•   The dividend has been declared out of retained earnings;
•   The local Dividends Tax rate is 20%;
•   The gross local dividend is 0.50000 cents per share for shareholders exempt from Dividends Tax;
•   The net local dividend is 0.40000 cents per share for shareholders liable for Dividends Tax;
•   The Company has 55 759 670 ordinary shares in issue; and
•   The Company’s income tax reference number is 9683/978/14/3.

The following dates are applicable to the dividend: the last day to trade in order to be eligible for the
dividend will be Tuesday, 19 July 2022. Shares will trade ex-dividend from Wednesday, 20 July 2022. The
record date will be Friday, 22 July 2022 and payment of the dividend will be made on Monday, 25 July 2022.

Share certificates may not be dematerialised / re-materialised between Wednesday, 20 July 2022 and
Friday, 22 July 2022, both days inclusive. The certificated register will be closed during these dates.
Dividends in respect of certificated shareholders will be transferred electronically to shareholders' bank
accounts on payment date. Following the discontinuation of cheque payments by most South African
banks, TeleMasters will no longer issue cheques and all future payments will only be made into a nominated
bank account by electronic funds transfer. Shareholders who have not yet provided their bank account
details to JSE Investor Services Proprietary Limited (“JIS”) are reminded to contact JIS on +27 029 0112
(international) or 0861 472 644 (local) with their bank account details into which the dividends can be paid
electronically.

By order of the Board
Waterfall City
1 July 2022
                                          Designated Advisor
                                    AcaciaCap Advisors Proprietary Ltd