Enhanced Investments - Financial Portal

Cash payment in respect of fractional entitlements

Published: 2024-04-11 11:48:21 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 Friday, 15 March
2024 and the circular (“Circular”) distributed to shareholders in respect of a cash dividend of 1,35 EUR cents
per share (“Cash Dividend”), 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, 10 April 2024, of 782,12515 ZAR cents (38,78396 EUR
cents) converted to EUR at an exchange rate of ZAR 20,1662:EUR 1,00 (determined as the closing foreign
exchange rate on Wednesday, 10 April 2024) discounted by 10%, being 703,91263 ZAR cents (34,90557 EUR
cents) per Lighthouse share.

The gross fraction rate to be paid will be 703,91263 ZAR cents (34,90557 EUR cents). The net fraction rate paid
will be 563,13011 ZAR cents (27,92445 EUR cents) per Lighthouse share for payments which are subject to
South African dividend tax.

11 April 2024


        JSE sponsor and corporate advisor                               Company Secretary




                                                                      Stonehage Fleming Malta Limited

                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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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.