STENPROP LIMITED - Finalisation announcement in respect of the interim cash dividend for the six months ended 30 September 2016
STP 201701090001A
Finalisation announcement in respect of the interim cash dividend for the six months ended 30 September 2016
STENPROP LIMITED
(Incorporated in Bermuda)
(Registration number 47031)
BSX share code: STP.BH JSE share code: STP
ISIN: BMG8465Y1093
(“Stenprop”)
FINALISATION ANNOUNCEMENT IN RESPECT OF THE INTERIM CASH DIVIDEND FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2016
Shareholders are referred to the interim dividend declaration announcement released on 24 November 2016.
Shareholders on the South African share register will receive their cash dividend in ZAR, converted from
Euro at an exchange rate of EUR1:ZAR14.36000. Accordingly, the cash dividend of 4.5 Euro cents per share
will be equal to 64.62000 ZAR cents per share.
The information provided in this paragraph is only of direct application to shareholders on the South
African share register. The gross local dividend amount is 64.62000 ZAR cents per share for shareholders
exempt from paying South African dividends tax. The net local dividend amount is ZAR54.92700 cents per
share for shareholders liable to pay dividends tax at a rate of 15%.
Shareholders on the Bermudian register who elect to receive the cash dividend in Sterling will receive their
cash dividend at an exchange rate of EUR1:GBP0.85565. Accordingly, the cash dividend of 4.5 Euro cents
per share will be equal to 3.85043 GBP pence per share. There is no withholding tax payable in Bermuda.
The salient dates and times announced on 24 November 2016 remain unchanged.
Stenprop shareholders are advised to consult their professional advisors regarding the tax consequences
of the dividend should they be in any doubt as to the appropriate action to take.
Stenprop has a primary listing on the Main Board of the JSE and a secondary listing on the Bermuda Stock
Exchange.
9 January 2017
JSE sponsor
Java Capital
Bermuda Stock Exchange sponsor
Estera Securities (Bermuda) Limited
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