JSE Sens

Preference share dividend announcement - IMRP3

2021/05/04 15:48:00

Download PDF Stock report

                    Preference share dividend announcement - IMRP3

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 26

Notice is hereby given that preference dividend number 26 has been declared from retained earnings
for the period 26 February 2021 to and including 27 May 2021 amounting to 137.89028 EUR cents per
Preference Share, converted to 2,405.49593 ZAR cents per share (using a ZAR/EUR exchange rate of
17.4450 as at 04 May 2021) 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, 21 May 2021.

The relevant dates relating to the payment of dividend number 26 are as follows:
Last day to trade cum-dividend                                            Tuesday, 18 May 2021
Preference Shares commence trading ex-                                  Wednesday, 19 May 2021
dividend
Record Date                                                                Friday, 21 May 2021
Payment Date                                                               Friday, 28 May 2021

Preference Share certificates may not be dematerialised or rematerialised between Wednesday,
19 May 2021 and Friday, 21 May 2021, 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 481.09919 ZAR cents per Preference Share
-   Preference Shareholders who are exempt from paying the Dividend Tax will receive a gross
    dividend of 2,405.49593 ZAR cents per Preference Share
-   Preference Shareholders who are not exempt from paying the Dividend Tax will receive a net
    dividend of 1,924.39674 ZAR cents per Preference Share.

By order of the board

P Jeewooth
Company Secretary
Investec Bank (Mauritius) Limited


04 May 2021

Sponsor:
Investec Bank Limited

Date: 04-05-2021 03:48:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.