Shareholders are advised that the board of directors of the company has, on Tuesday, 22 February 2022, resolved to declare a gross interim cash dividend for the six months ended 31 December 2021 of R44.588 million, which equates to 49.0 cents per share for each of the 90 966 932 shares in issue, subject to the applicable tax levied in terms of the Income Tax Act (Act No. 58 of 1962), as amended (“dividend withholding tax”).

The dividend has been declared from income reserves. The dividend withholding tax is 20% and a net dividend of 39.2 cents per share will be paid to those shareholders who are not exempt from dividend withholding tax.

The company’s income tax reference number is 9695015033. The company has 90 966 932 shares in issue at the date of declaration.

In accordance with the provisions of Strate, the electronic settlement and custody system used by the JSE Limited, the relevant dates for the dividend are as follows:

Event Date
Last day to trade “cum dividend” Tuesday, 15 March 2022
Shares commence trading “ex dividend” Wednesday, 16 March 2022
Record date Friday, 18 March 2022
Payment date Tuesday, 22 March 2022

Those shareholders of the company who are recorded in the company’s register as at the record date will be entitled to the dividend. Share certificates may not be dematerialised or rematerialised between Wednesday, 16 March 2022 and Friday, 18 March 2022, both days inclusive.