WINHOLD LIMITED - Amendment to the Dividend Declaration Pursuant to the Increase in the Dividend Withholding Tax Rate
WNH 201702240031A
Amendment to the Dividend Declaration Pursuant to the Increase in the Dividend Withholding Tax Rate
WINHOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1945/019679/06)
Share Code: WNH ISIN: ZAE000033916
(“the company”)
AMENDMENT TO THE DIVIDEND DECLARATION PURSUANT TO THE INCREASE IN THE
DIVIDEND WITHHOLDING TAX RATE
Shareholders are referred to the increase in Dividend Withholding Tax from 15% to 20% as
announced by the Minister of Finance, Mr Pravin Gordhan, in his budget speech on
22 February 2017 and are advised that as the increase is effective immediately it will affect the
dividend declared by Winhold on 25 November 2016, which is payable on Monday, 27 February
2017.
The following revised information relating to the payment of the final dividend of 4 cents per share
for the year ended 30 September 2016 is accordingly disclosed:
- the local Dividend Tax rate is 20%
- the gross local dividend amount is 4 cents per share for shareholders exempt from
Dividend Tax
- the net dividend amount is 3.2 cents for shareholders liable for Dividend Tax
Germiston
24 February 2017
Sponsor
Arbor Capital Sponsors Proprietary Limited
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