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17 May 2013 08:00
AECI LTD - Preference Dividend DeclarationAECI LTD - Preference Dividend Declaration
PR Newswire
London, May 16
NOTICE TO PREFERENCE SHAREHOLDERS - Dividend No. 150
NOTICE IS HEREBY GIVEN that on Friday, 17 May 2013, the Directors of AECIdeclared a gross dividend at the rate of 5,5% per annum for the six monthsending Friday, 14 June 2013, payable on Friday, 14 June 2013, to holders ofpreference shares recorded in the books of the Company at the close of businesson Friday, 7 June 2013.
The last day to trade cum dividend will be Friday, 31 May 2013 and shares willcommence trading ex dividend as from Monday, 3 June 2013.
The dividend is declared in pound sterling and payment will be made from theoffices of the Transfer Secretaries in South Africa and the United Kingdom onFriday, 14 June 2013. Dividends payable from South Africa will be paid in SouthAfrican currency at the rate of 38,44019 cents per share (gross dividend) inaccordance with the exchange rate ruling on Monday, 13 May 2013 (1 poundsterling = R13,97825).
A South African dividend withholding tax of 15% will be applicable to allshareholders who are not either exempt or entitled to a reduction of thewithholding tax rate in terms of a relevant Double Taxation Agreement resultingin a net dividend of 32,67416 cents per share to those shareholders who are notexempt. Application forms for exemption or reduction may be obtained from theTransfer Secretaries and must be returned to them on or before Friday, 31 May2013.
Dividends payable from the United Kingdom office will be subject to such taxdeductions as are prescribed by United Kingdom legislation unless a certificateexempting the shareholder concerned from such tax deduction is received beforeFriday, 31 May 2013.
The issued share capital at the declaration date is 128 241 140 listed ordinaryshares, 10 117 951 unlisted redeemable convertible B ordinary shares and 3 000000 listed cumulative preference shares. The dividend has been declared fromthe income reserves of the Company. No Secondary Tax on Companies' credits areavailable to be used.
Any change of address or dividend instruction must be received on or beforeFriday, 31 May 2013.
Share certificates may not be dematerialised or rematerialised from Monday, 3June 2013 to Friday,7 June 2013, both days inclusive.
By order of the BoardE N RapooCompany SecretaryWoodmead, Sandton 17 May 2013 Transfer SecretariesComputershare Investor Services Proprietary Limited70 Marshall Street, Johannesburg 2001andComputershare Investor Services PLCP O Box 82The PavilionsBridgwater RoadBristol BS99 7NHEngland Registered office 1st Floor, AECI Place24 The WoodlandsWoodlands DriveWoodmeadSandton SponsorRand Merchant Bank (A division of FirstRand Bank Limited)
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