Distribution finalisation announcement - quarter ended 30 June 2012
STXDIV
Distribution finalisation announcement - quarter ended 30 June 2012
SATRIX DIVIDEND PLUS PORTFOLIO
JSE code: STXDIV
ISIN: ZAE000102018
("Satrix Dividend Plus" or the "ETF")
DISTRIBUTION FINALISATION ANNOUNCEMENT QUARTER ENDED 30 JUNE
2012
The manager and trustees of the Satrix Collective Investment
Scheme (being Satrix Managers (Pty) Limited and ABSA Bank
Limited), respectively have declared a distribution to holders of
Satrix Dividend Plus securities recorded in the register on
Friday, 29 June 2012 in respect of the quarter ended 30 June 2012
as follows:
An aggregate amount of 2.81000 cents (R0.02810) per Satrix
Dividend Plus security constituted as follows:
Dividends not subject to dividend tax*
0.88383
Gross dividends subject to dividend tax
1.90675
Net dividends subject to dividend tax
1.62198
Dividend withholding tax
0.28477
Dividend withholding tax(15% per
security)
0.28601
STC credits at a rate of 15%
(0.00124)
Interest
0.01663
Scrip lending income
0.00279
Aggregate distribution
2.81000
*These dividends were declared before 1 April 2012 and are
therefore not subject to dividend withholding tax in accordance
with the Income Tax Act.
The dividend tax deducted will be paid as follows:
1. To the South African Revenue Service in respect of holders
that are not exempt from dividends tax;
2. Holders that are exempt from dividends tax or holders
qualifying for a reduced rate per Double Tax Agreement
(DTA) will receive the appropriate dividend from their
intermediary provided they have completed and lodged the
relevant exemption or reduced rate prescribed application
form timeously with their service provider. The
responsibility to make such submissions is that of the
security holder and failure to do so may result in dividends
tax being deducted in full.
The payment will be made by the relevant intermediary, being the
Central Securities Depository Participant (CSDP) or Broker
nominee company which is the final regulated intermediary in terms
of the Income Tax Act.
Payment will be effected on Tuesday, 10 July 2012 to all holders
of Satrix Dividend Plus securities recorded in the register on
Friday, 29 June 2012.
03 July 2012
Sponsor:
Vunani Corporate Finance
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