Enhanced Investments - Financial Portal

Preference share dividend announcement - IMRP7

Published: 2024-02-07 11:45:21 ET

Investec Bank (Mauritius) Limited
Incorporated in the Republic of Mauritius
Company Registration number 8752/3362
Business Registration number C09008752
JSE Share Code: IMRP7
JSE Issuer Code: IVES
ISIN: MU0455S00065
LEI Number: 213800VEN92NOOOJF520

Preference share dividend announcement

Class IMRP7 redeemable cumulative non-participating no par value preference shares
(“preference shares”)

Declaration of dividend number 28

Notice is hereby given that preference dividend number 28 has been declared from retained earnings
for the period from 30 November 2023 to and including 28 February 2024 amounting to 1,064.31681
USD cents per share, converted to 20,226.01058 ZAR cents per share (using a ZAR/USD exchange
rate of 19.00375 as at 06 February 2024) payable to holders of the Preference Shares as recorded in
the books of the Investec Bank (Mauritius) Limited (“the Company”) at the close of business on Friday,
23 February 2024.

The relevant dates relating to the payment of dividend number 28 are as follows:
Last day to trade cum-dividend                                        Tuesday, 20 February 2024
Preference Shares commence trading ex-                            Wednesday, 21 February 2024
dividend
Record Date                                                             Friday, 23 February 2024
Payment Date                                                         Thursday, 29 February 2024

Preference Share certificates may not be dematerialised or rematerialised between Wednesday,
21 February 2024 and Friday, 23 February 2024, both dates inclusive.

Additional information to take note of:
•   The Company’s tax reference number is: 25003203
•   The number of issued Preference Shares in Class IMRP7 of the capital of the Company is 75 000
    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 4,045.20212 ZAR cents per Preference Share
•   Preference Shareholders who are exempt from paying the Dividend Tax will receive a gross
    dividend of 20,226.01058 ZAR cents per Preference Share
•   Preference Shareholders who are not exempt from paying the Dividend Tax will receive a net
    dividend of 16,180.80846 ZAR cents per Preference Share.

By order of the board

P Jeewooth
Company Secretary
Investec Bank (Mauritius) Limited

07 February 2024

Sponsor:
Investec Bank 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.
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.