| Tue 29 May 2012, 15:36 | | AOVP - African & Overseas Enterprises Limited - Declaration of dividend Number |
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AOO AOVP
AOO
AOVP - African & Overseas Enterprises Limited - Declaration of dividend Number
154 on 6% cumulative participating preference shares
AFRICAN & OVERSEAS ENTERPRISES LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1947/027461/06
Share code: AOVP
ISIN: ZAE000000493
("the Company" or "African & Overseas")
DECLARATION OF DIVIDEND NUMBER 154 ON 6% CUMULATIVE PARTICIPATING PREFERENCE
SHARES
Notice is hereby given that cash dividend No. 154 on the 6% cumulative
participating preference shares ("preference shares") for the six months ending
30 June 2012 at the rate of 6% per annum, (6 cents per preference share) will be
paid on Monday, 25 June 2012 to all holders of preference shares ("preference
shareholders") recorded in the register of the Company at the close of business
on Friday, 22 June 2012.
The salient dates of the preference dividend are as follows:
Last date to trade cum dividend Friday, 15 June 2012
Shares trade ex-dividend Monday, 18 June 2012
Record date Friday, 22 June 2012
Payment date Monday, 25 June 2012
Share certificates may not be dematerialised or rematerialised between Monday,
18 June 2012 and Friday, 22 June 2012, both dates inclusive.
In terms of the Listings Requirements of the JSE Limited regarding the new
Dividends Tax effective 1 April 2012, the following additional information is
disclosed:
1 The dividend has been declared out of income reserves;
2 The local dividend tax rate is 15%;
3 Secondary tax on companies credits utilised is 6.00 cents per share in
repect of the preference shares;
4 The gross local dividend amount is 6.00 cents per share for preference
shareholders exempt from paying the new Dividends Tax;
5 The net local dividend amount is 6.00 cents per share for preference
shareholders liable to pay the new Dividends Tax;
6 The issued preference share capital of African& Overseas is 275 000 6%
cumulative participating preference shares of R2.00 each;
7 The issued ordinary share capital of African & Overseas is 1 250 000
ordinary shares of 50 cents each and 10 137 441 `N` ordinary shares of 0.25
cent each; and
8 African & Overseas` tax reference number is 9010/017/03/7.
Cape Town
29 May 2012
Sponsor
Java Capital
Date: 29/05/2012 15:36:02 Produced by the JSE SENS Department.
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