Enhanced Investments - Financial Portal

Preference share dividend announcement - IMRP14

Published: 2024-02-27 16:53:25 ET

Investec Bank (Mauritius) Limited
Incorporated in the Republic of Mauritius
Company Registration number 8752/3362
Business Registration number C09008752
JSE Share Code: IMRP14
JSE Issuer Code: IVES
ISIN: MU0455S00149
LEI Number: 213800VEN92NOOOJF52092N

Preference share dividend announcement

Class IMRP14 credit-linked redeemable cumulative non-participating no par value unsecured
preference shares (the “Preference Shares”)

Declaration of dividend number 1

Notice is hereby given that preference dividend number 1 has been declared from retained earnings for
the period 14 December 2023 to and including 19 March 2024 amounting to 89,057.16164 ZAR cents
per Preference Share payable to holders of the Preference Shares as recorded in the books of Investec
Bank (Mauritius) Limited (“the Company”) at the close of business on Friday, 15 March 2024.

The relevant dates relating to the payment of dividend number 1 are as follows:
Last day to trade cum-dividend                                          Tuesday, 12 March 2024
Preference Shares commence trading ex-                               Wednesday, 13 March 2024
dividend
Record Date                                                                Friday, 15 March 2024
Payment Date                                                         Wednesday, 20 March 2024

Preference Share certificates may not be dematerialised or rematerialised between Wednesday,
13 March 2024 and Friday, 15 March 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 IMRP14 of the capital of the Company is 3,750
    Preference Shares
•   The source of funds is Mauritius and 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 17,811.43233
    ZAR cents per Preference Share
•   Preference Shareholders who are exempt from paying the Dividend Tax will receive a gross
    dividend of 89,057.16164 ZAR cents per Preference Share
•   Preference Shareholders who are not exempt from paying the Dividend Tax will receive a net
    dividend of 71,245.72931 ZAR cents per Preference Share.

By order of the board

P Jeewooth
Company Secretary
Investec Bank (Mauritius) Limited


27 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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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.