Shareholders are referred to the dividend declaration announced on 24 August 2012 and are advised that shareholders on the South African share register will receive their cash dividend in South African Rand converted from Euro at an exchange rate of EUR1.00 : ZAR10.62. Accordingly, the cash dividend of 11.24 Euro cents per share will be equal to 119.36880 ZAR cents per share.
Shareholders who elect to receive new NEPI shares (“new NEPI shares”) instead of the cash dividend will be entitled to 3 new NEPI shares for every 100 NEPI shares held by the shareholder at the record date, being Friday, 14 September 2012.
In terms of the Listings Requirements of the JSE Limited regarding the new Dividends Tax effective 1 April 2012, the following additional information is disclosed:
- The gross local dividend amount is 119.36880 ZAR cents per share for shareholders exempt from paying the new Dividends Tax.
- The net local dividend amount is 101.46348 ZAR cents per share for shareholders liable to pay the new Dividends Tax.
Shareholder are further advised that note 4 contained in the salient dates and times section of the circular to NEPI shareholders and note 3 in the dividend declaration announcement, both issued on Friday, 24 August 2012 should read as follows:
- Share certificates may not be dematerialised or rematerialised, nor may transfers of shares between sub-registers in the United Kingdom, South Africa and Romania take place between Monday, 10 September 2012 and Friday, 21 September 2012 both days inclusive.