Lon.fin&inv.grp Regulatory News (LFI)

LONDON FINANCE & INVESTMENT GROUP PLC - Dividend Declaration

PR Newswire

London, October 3

Monday 3rd October 2016

LONDON FINANCE & INVESTMENT GROUP P.L.C.

(“Lonfin”, “the Company” or “the Group”)

ORDINARY SHARE DIVIDEND DECLARATION

London Finance & Investment Group P.L.C. (LSE: LFI, JSE: LNF), the investment company whose assets primarily consist of Strategic Investments and a General Portfolio, today announces a final dividend payable in respect of its Ordinary Shares .

Following the announcement of its unaudited preliminary results for the year ended 30th June 2016, the Board recommends a final dividend of 0.55p per ordinary share, making a total of 1.05p per ordinary share for the year (2015 – 1p). Subject to shareholders’ approval at the Company’s Annual General Meeting on 30th November 2016, the dividend will be paid on 9th December 2016 to those shareholders on the register at the close of business on 18th November 2016. Shareholders on the Johannesburg register will receive their dividend in South African rand converted from sterling at the closing rate of exchange on 23rd September 2016 being GBP1= ZAR 17.7257.

The number of ordinary shares in issue as at the declaration date is 31,207,479 and the Company’s UK Income Tax reference number is 948/L32120.

Dividend dates:

Last date to trade (SA) Tuesday, 15th November 2016

Shares trade ex dividend (SA) Wednesday, 16th November 2016

Shares trade ex dividend (UK) Thursday 17th November 2016

Record date (UK and SA) Friday 18th November 2016

Pay date Friday 9th December 2016

The JSE Listings Requirements require disclosure of additional information in relation to any dividend payments.

Shareholders registered on the Johannesburg register are advised that the dividend withholding tax will be withheld from the gross final dividend in the amount of 9.74914 SA cents per share at a rate of 15% unless a shareholder qualifies for an exemption; shareholders registered on the Johannesburg register who do not qualify for an exemption will therefore receive a net dividend of 8.28677 SA cents per share. The dividend is payable in cash as a ‘Dividend’ (as defined in the South African Income Tax Act, 58 of 1962, as amended) by way of a reduction of income reserves. The dividend withholding tax and the information contained in this paragraph is only of direct application to shareholders registered on the Johannesburg register, who should direct any questions about the application of the new dividend withholding tax to Computershare Investor Services (Pty) Limited, Tel: +27 11 373-0004.

Share certificates may not be dematerialised or rematerialised between Wednesday, 16th November 2016 and Friday 18th November 2016, both days inclusive. Shares may not be transferred between the registers in London and South Africa during this period either

3rd October 2016

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

The directors of the Company accept responsibility for the contents of this announcement.

For further information, please contact:

London Finance & Investment Group P.L.C.: 020 7796 9060

(David Marshall/Edward Beale)

Johannesburg Sponsor: 

Sasfin Capital (a division of Sasfin Bank Limited)

Copies of this notification are held at the Company’s office, 6 Middle Street, London, EC1A 7JA (tel. 020 7796 9060) and are available for a period of 14 days from the date of this announcement.