| Wed 29 Nov 2017, 14:35 | | WESCOAL HOLDINGS LIMITED - Dividend finalisation announcement |
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WSL 201711290048A
Dividend finalisation announcement
WESCOAL HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 2005/006913/06)
Share code: WSL
ISIN: ZAE000069639
(“Wescoal” or “the Company”)
Dividend finalisation announcement
Shareholders are referred to Wescoal’s interim results for the period ended 30 September 2017,
released on SENS on 21 November 2017, wherein the directors resolved to declare the distribution of
a dividend of R14 million for the period to 30 September 2017. The directors are now in a position to
confirm the declaration of a gross final dividend of 3.11173 cents per ordinary share for the period
ended 30 September 2017 (31 March 2017: 2.66720 cents). The dividend has been declared from
income reserves.
In terms of dividend tax, the following additional information is disclosed:
- the dividend is subject to dividend tax of 20%; and
- the net dividend will therefore be 2.48939 cents per share for shareholders who are not exempt from
dividend tax.
The amount of shares in issue at the date of this declaration is 449 909 827 (439 380 827 exclusive of
treasury shares) and the Company's tax reference number is 9876593147.
In order to comply with the requirements of Strate, the relevant dates are as follows:
- Last date to trade (cum dividend): Tuesday, 12 December 2017
- Shares to commence trading (ex-dividend): Wednesday, 13 December 2017
- Record date: Friday, 15 December 2017
- Payment date: Monday, 18 December 2017
No share certificates may be dematerialised or rematerialised between Wednesday, 13 December
2017 and Friday, 15 December 2017, both dates inclusive.
29 November 2017
Sponsor
Nedbank Corporate and Investment Banking
Date: 29/11/2017 02:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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