| Mon 5 Jun 2023, 17:00 | | SAB ZENZELE KABILI HOLDINGS (RF) LIMITED - Declaration of a special dividend No 2 payable from income reserves |
|
Declaration of a special dividend No 2 payable from income reserves
SAB Zenzele Kabili Holdings (RF) Limited
(Incorporated in the Republic of South Africa)
Registration number: 2019/616052/06
JSE Share Code: SZK
ISIN: ZAE000284196
(“SABZK” or the “Company”)
Declaration of a special dividend No. 2 - payable from income reserves
The board of directors of SABZK (“Board”) is pleased to advise that at a meeting held on 05 June 2023,
the directors approved the declaration of a gross cash dividend from income reserves of 45 cents per
ordinary share based on the dividend income received from Anheuser-Busch InBev (“AB InBev”) in
May 2023.
The special dividend is not subject to exchange control approval by the Financial Surveillance
Department of the South Africa Reserve Bank, as payments will only be made to South African
residents.
The dividend will be subject to a dividend withholding tax of 20% for all shareholders who are not
exempt. Accordingly, for those shareholders not exempt from paying dividend withholding tax, the
net ordinary dividend will be 36 cents per ordinary share.
The issued share capital at the declaration date is 40,550,001 ordinary shares and the Company’s tax
number is 9940363170. The salient dates are as follows:
Event Date
Declaration date and finalisation date Monday, 5 June 2023
Last day to trade cum dividend on the JSE Tuesday, 20 June 2023
First day to trade ex-dividend on the JSE Wednesday, 21 June 2023
Record date Friday, 23 June 2023
Payment date Monday, 26 June 2023
No share certificates may be dematerialised or re-materialised between Wednesday, 21 June 2023
and Friday, 23 June 2023, both days inclusive. On Monday, 26 June 2023 the dividend will be
transferred electronically to the bank accounts of certificated shareholders. Shareholders who hold
dematerialised shares will have their accounts held by the Central Securities Depository Participant or
broker credited on Monday, 26 June 2023.
Johannesburg
5 June 2023
JSE Sponsor
Tamela Holdings Proprietary Limited
Date: 05-06-2023 05:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
