| Fri 8 Jun 2012, 9:00 | | DLVP/DLP1 - Dorbyl Limited - Declaration of dividends to preference |
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DLV DLVP DLP1
DLV
DLVP/DLP1 - Dorbyl Limited - Declaration of dividends to preference
shareholders
DORBYL LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 1911/001510/06)
(Tax Number: 9575/058/71/5)
Share Code (5%): DLVP ISIN Code: ZAE000002200
Share Code (5.5%): DLP1 ISIN code: ZAE000002168
("the Company")
DECLARATION OF DIVIDENDS TO PREFERENCE SHAREHOLDERS
The following half-yearly preference dividends for the period ending 30 June
2012 have been declared, payable to shareholders on Monday, 2 July 2012.
Dividend per share
(cents)
5% Cumulative Preference Shares 5.0
5.5% Cumulative Preference Shares 5.5
The dividend declared will be subject to Dividends Tax ("DT"). The local DT
rate is 15%. No Secondary Tax on Companies ("STC") Credits is available for
utilisation by the Company.
Hence, preference shareholders will receive a net dividend after DT as
follows:
DT per Net
Share dividend
(cents) after DT
per share
(cents)
5 % Cumulative Preference Shares 0.75 4.25
5.5 % Cumulative Preference Shares 0.825 4.675
In terms of the DT legislation, the DT amount due will be withheld and paid
over to the South African Revenue Service ("SARS") by a nominee-company,
stockbroker or Central Security Depository Participant ("CSDP") (collectively
"Regulated Intermediary") on behalf of shareholders. However, all
shareholders should declare their status to their Regulated Intermediary, as
they may qualify for a reduced DT rate or they may even be exempt from DT.
The issued preference share capital of the company is as follows:
740 025 5% Cumulative Preference Shares of R2 each
1 250 000 5.5% Cumulative Preference Shares of R2 each
Salient dates: 2012
Last date to trade cum dividend Friday, 22 June
Shares trade ex dividend Monday, 25 June
Record date Friday, 29 June
Payment date Monday, 2 July
No dematerialisation or rematerialisation of share certificates may take
place between Monday, 25 June 2012 and Friday, 29 June 2012, both days
inclusive.
By order of the Board
P Wentzel
Company Secretary
Sponsor: PSG Capital Proprietary Limited
Registered offices:
Lincoln Road, Industrial Sites, Benoni South 1501
Transfer Secretaries:
Computershare Investor Services Proprietary Limited
70 Marshall Street, Johannesburg 2001
(PO Box 61051, Marshalltown 2107)
Benoni
8 June 2012
Date: 08/06/2012 09:00:02 Produced by the JSE SENS Department.
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