Distribution finalisation announcement - quarter ended 30 June 2012
STXSWX
Distribution finalisation announcement - quarter ended 30 June 2012
SATRIX SWIX TOP 40 PORTFOLIO
A portfolio in the Satrix Collective Investment Scheme, registered
as such in terms of the Collective Investment Schemes Control Act,
45 of 2002
JSE code: STXSWX
ISIN code: ZAE000078580
("Satrix Swix Top 40" or the "ETF")
DISTRIBUTION FINALISATION ANNOUNCEMENT QUARTER ENDED 30 JUNE
2012
This announcement replaces the previous distribution announcement
released on 2 July 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 Swix Top 40 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 7.07000 cents (R0.0707) per Satrix Swix Top
40 security constituted as follows:
Dividends not subject to dividend tax*
4.81829
Gross dividends subject to dividend tax
2.15419
Net dividends subject to dividend tax
1.83617
Dividend withholding tax
0.31802
Dividend withholding tax(15% per
security)
0.32313
STC credits at a rate of 15%
(0.00511)
Interest
0.04481
Scrip lending income
0.05271
Aggregate distribution
7.07000
*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 Swix Top 40 securities recorded in the register on
Friday, 29 June 2012.
03 July 2012
Sponsor:
Vunani Corporate Finance
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