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AECI LIMITED - Declaration of cumulative 5,5 per cent preference share dividend no. 168
2022/05/24 10:00:00Download PDF Stock report
Declaration of cumulative 5,5 per cent preference share dividend no. 168
AECI LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1924/002590/06)
Tax reference number: 9000008608
Share code: AFEP
ISIN: ZAE000000238
Bond company code: AECI
LEI: 3789008641F1D3D90E85
(AECI or the Company)
DECLARATION OF CUMULATIVE 5,5 PER CENT PREFERENCE SHARE DIVIDEND NO. 168
Notice is hereby given that on Tuesday, 24 May 2022, the Directors of AECI declared a gross cash dividend, at the
rate of 5,5 per cent per annum (equivalent to 2,75 pence sterling), for the six months ending Wednesday, 15 June
2022. The dividend is payable on Wednesday, 15 June 2022 to holders of preference shares recorded in the register
of the Company at the close of business on the record date, being Friday, 10 June 2022.
The last day to trade ‘cum’ dividend will be Tuesday, 7 June 2022 and shares will commence trading ‘ex-dividend as
from the commencement of business on Wednesday, 8 June 2022.
The dividend is declared in pound sterling and payment will be made from the offices of the Transfer Secretaries in
South Africa and the United Kingdom on Wednesday, 15 June 2022. Dividends payable from South Africa will be
paid in South African currency at the rate of 54,78935 ZAR cents per share (gross dividend) in accordance with the
exchange rate ruling on Wednesday, 7 June 2022 (1 pound sterling = ZAR19,9234).
A South African dividend withholding tax of 20% will be applicable to all shareholders who are not either exempt or
entitled to a reduction of the withholding tax rate in terms of a relevant Double Taxation Agreement resulting in a
net dividend of 43,83148 ZAR cents per share payable to those shareholders who are not eligible for exemption or
reduction. Application forms for exemption or reduction may be obtained from the Transfer Secretaries on
Tel. +27 11 370 5000 or by email #ZACSJHBDividendTaxQ@Computershare.co.za and must be returned to them on
or before Tuesday, 7 June 2022.
Dividends payable from the United Kingdom office will be subject to such tax deductions as are prescribed by
United Kingdom legislation unless a certificate exempting the shareholder concerned from such tax deduction is
received before Tuesday, 7 June 2022.
The issued share capital of the Company at the declaration date is 105 517 780 listed ordinary shares, 10 117 951
unlisted redeemable convertible B ordinary shares and 3 000 000 listed cumulative preference shares. The dividend
has been declared from the income reserves of the Company.
Any change of address or dividend instruction must be received on or before Tuesday, 7 June 2022.
Share certificates may not be dematerialised or rematerialised between Wednesday, 8 June 2022 and Friday, 10
June 2022, both days inclusive.
By order of the Board
C Singh
Group Company Secretary
Woodmead, Sandton
24 May 2022
Transfer Secretaries
Computershare Investor Services Proprietary Limited
Rosebank Towers, 15 Biermann Avenue, Rosebank, 2196
and
Computershare Investor Services PLC
PO Box 82
The Pavilions
Bridgwater Road
Bristol BS99 7NH
England
Registered office
1st Floor, AECI Place
24 The Woodlands
Woodlands Drive
Woodmead
Sandton
Equity and Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 24-05-2022 10:00:00
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