| Thu 19 Apr 2012, 12:33 | | BTIIHA - Investec - Amendment to the final dividend announcement on British |
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JSE BTIIHA
INVS
BTIIHA - Investec - Amendment to the final dividend announcement on British
American Tobacco Plc ("BRITISH AMERICAN") HOT enhanced dividend securities -
("BTIIHA")
INVESTEC WARRANTS
JSE SHARE CODE: BTIIHA
JSE ISIN CODE: ZAE000161972
AMENDMENT TO THE FINAL DIVIDEND ANNOUNCEMENT ON BRITISH AMERICAN TOBACCO PLC
("BRITISH AMERICAN") HOT ENHANCED DIVIDEND SECURITIES - ("BTIIHA")
With reference to the dividend announcement, the Directors of British American
have recommended a final dividend of 88.4 pence per ordinary share payable on
Thursday, 3 May 2012 to ordinary shareholders, recorded in the books of the
company at the close of business on Friday, 9 March 2012.
The currency exchange rate applicable for the dividend is GBP: ZAR = 12.19960 as
at 21 February 2012.
In terms of the new Dividend Tax effective 1 April 2012, the following
additional information is disclosed:
1) local dividend tax rate is 15%;
2) no STC credits available;
3) net local dividend amount is 916.67794 South African cents per share for
shareholders liable to pay the new Dividends Tax and 1078.44464 South
African cents per share for shareholders exempt from paying the new
Dividends Tax;
4) the issued share capital of British American is 1,967,367,157 ordinary
shares
Accordingly, the holders of BTIIHA will receive a British American dividend
amount on Thursday, 3 May 2012 in terms of the Cession clause incorporated in
the Supplement between the holders and Investec Bank Limited. The last day to
trade ("cum" the dividend) in order to participate in the dividend was Friday 2
March 2012.
BTIIHA Hot Enhanced Dividend Securities commenced trading "ex" the dividend from
the commencement of business on Monday 5 March 2012, and the record date was
Friday, 9 March 2012.
Copies of the offering circular may be obtained from:
Investec Bank Limited
100 Grayston Drive
Sandown
Sandton
2196
For further information contact:
Investec Warrants
Tel.: 0860 103 343
E-mail: warrants@investec.co.za
Internet: www.investec.co.za
Sponsor
Investec Securities Limited
Member of the JSE
Registration number (1972/008905/06)
Date: 19/04/2012 12:33:02 Produced by the JSE SENS Department.
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