| Fri 8 Jun 2012, 13:41 | | NRD - Trackhedge - Distribution Announcement for Quarter ended 30 June 2012 - |
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JSE NRD
THG
NRD - Trackhedge - Distribution Announcement for Quarter ended 30 June 2012 -
Salient Dates
TRACKHEDGE (PROPRIETARY) LIMITED
(Registration number 2003/008245/07)
("Trackhedge" or "the ETF")
JSE Code: NRD
ISIN: ZAE000047841
DISTRIBUTION ANNOUNCEMENT FOR QUARTER ENDED 30 JUNE 2012 - SALIENT DATES
Notice is hereby given that the following dates are of importance in regard to a
possible distribution by the ETF to holders of Trackhedge securities for the
quarter ended 30 June 2012:
Last day to trade "CUM" distribution: Friday, 22 June 2012
Securities trade "EX" distribution: Monday, 25 June 2012
Record date: Friday, 29 June 2012
An announcement of the amount to be distributed (if any) will be made on or
before 19 July 2012.
EFFECT OF THE NEW DIVIDEND WITHHOLDING TAX ("DWT") ON DISTRIBUTION AMOUNTS:
Investors are advised that with effect from 1 April 2012, all dividends paid to
investors will be subject to DWT at a current rate of 15% except where an
investor is exempt or qualifies for a reduced rate of DWT.
Investors exempt from DWT, or holders qualifying for a reduced rate per Double
Tax Agreement ("DTA") will receive in cash (if any), the gross distribution
amount or the gross distribution amount less the DWT at the applicable reduced
rate respectively from their relevant intermediary, provided they have completed
and timeously lodged with their relevant intermediary the prescribed declaration
and undertaking form. Failure to do so will result in dividends tax being
withheld in full.
Where an investor is not exempt from DWT, the DWT withheld from the gross
distribution (if any) will be paid to the South African Revenue Service("SARS"),
by the relevant Central Securities Depository Participant ("CSDP") or Broker
nominee company, which is the final regulated intermediary in terms of the ITA
(the "relevant intermediary"). The remaining distribution (the gross
distribution less the amount withheld for dividend tax) will be paid in cash to
investors by their relevant intermediary.
Investors wishing to reinvest the cash amount received may do so via their usual
investment process, the amount received will not be automatically reinvested.
ADDITIONAL INFORMATION TO TAKE NOTE OF IN RESPECT OF TRACKHEDGE (PROPRIETARY)
LIMITED:
Tax reference number: 9536306153
Securities in issue: 3 019 966
8 June 2012
Sponsor
Absa Capital
(the investment banking division of Absa Bank Limited, affiliated with Barclays)
Date: 08/06/2012 13:41:01 Produced by the JSE SENS Department.
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