Try our mobile app

Preference share dividend announcement - IMRP3

Buy Investec Stocks
Published: 2022-11-08 18:51:22 ET
<<<  go to JSE:INP company page
Investec Bank (Mauritius) Limited
Incorporated in the Republic of Mauritius
Company Registration number 8752/3362
Business Registration number C09008752
JSE Share Code: IMRP3
JSE Issuer Share Code: IVES
ISIN: MU0455S00024
LEI Number: 213800VEN92NOOOJF520

Preference share dividend announcement

Class IMRP3 redeemable cumulative non-participating no par value preference shares
(“preference shares”)

Declaration of dividend number 32

Notice is hereby given that preference dividend number 32 has been declared from retained earnings
for the period from 31 August 2022 to and including 29 November 2022 amounting to 225.22500 EUR
cents per Preference Share, converted to 4,003.37438 ZAR cents per share (using a ZAR/EUR
exchange rate of 17.7750 as at 08 November 2022) 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, 25 November 2022.

The relevant dates relating to the payment of dividend number 32 are as follows:
Last day to trade cum-dividend                                      Tuesday, 22 November 2022
Preference Shares commence trading ex-                           Wednesday, 23 November 2022
dividend
Record Date                                                           Friday, 25 November 2022
Payment Date                                                     Wednesday, 30 November 2022

Preference Share certificates may not be dematerialised or rematerialised between Wednesday,
23 November 2022 and Friday, 25 November 2022, both dates inclusive.

Additional information to take note of:
•   The Company’s tax reference number is: 25003203
•   The issued Preference Shares in Class IMRP3 of the capital of the Company is 40 000 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 800.67488 ZAR cents per Preference Share
•   Preference Shareholders who are exempt from paying the Dividend Tax will receive a gross
    dividend of 4,003.37438 ZAR cents per Preference Share
•   Preference Shareholders who are not exempt from paying the Dividend Tax will receive a net
    dividend of 3202.69950 ZAR cents per Preference Share.

By order of the board

P Jeewooth
Company Secretary
Investec Bank (Mauritius) Limited


08 November 2022

Sponsor:
Investec Bank Limited