SFN SFNP
SFN
SFN/SFNP - Sasfin Holdings Limited - Voluntary preference shareholder update
SASFIN HOLDINGS LIMITED
(Incorporated in the Republic Of South Africa)
(Registration Number 1987/002097/06)
("Sasfin")
Ordinary share code: SFN & ISIN: ZAE000006565
Preference share code: SFNP & ISIN: ZAE000060273
VOLUNTARY PREFERENCE SHAREHOLDER UPDATE
Preference shareholders are referred to the announcement dated 23 March 2007
wherein the proposed amendments to the Income Tax Act in respect of the
treatment of dividends on preference shares was highlighted. The amendments
pertain to the phasing out of secondary tax on companies and the introduction of
witholding tax on all company distributions received by a shareholder, including
dividends received in respect of preference shares.
Holders of Sasfin preference shares are advised that the company`s existing MOI
allows the company to gross up the preference share dividend in accordance with
the above amendments in tax legislation and that a resolution to give effect to
the change was passed by the requisite number of shareholders at the AGM of
Sasfin on 24 November 2011.
17 February 2012
Johannesburg
Lead Sponsor
KPMG Services (Pty) Ltd
Joint Sponsor
Sasfin Capital
A division of Sasfin Bank Limited
Date: 17/02/2012 14:03:01 Produced by the JSE SENS Department.
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