AECI Limited Dividend Declaration

 
TIDM87FZ 
 
AECI LIMITED 
                (Incorporated in the Republic of South Africa) 
                     (Registration Number 1924/002590/06) 
                       Tax reference number: 9000008608 
                    Share code: AFEP     ISIN: ZAE000000238 
                           Bond company code:  AECI 
                           ("AECI" or "the Company") 
 
DECLARATION OF PREFERENCE SHARE DIVIDEND NO. 160 
 
NOTICE IS HEREBY GIVEN that, on Tuesday, 22 May 2018, the Directors of AECI 
declared a gross cash dividend, at the rate of 5,5 per cent per annum 
(equivalent to 2,75 pence sterling), for the six months ending Friday, 15 June 
2018.  The dividend is payable on Friday, 15 June 2018 to holders of preference 
shares recorded in the register of the Company at the close of business on the 
record date, being Friday, 8 June 2018. 
 
The last day to trade 'cum' dividend will be Tuesday, 5 June 2018 and shares 
will commence trading 'ex' dividend as from the commencement of business on 
Wednesday, 6 June 2018. 
 
The dividend is declared in pound sterling and payment will be made from the 
offices of the Transfer Secretaries in South Africa and the United Kingdom on 
Friday, 15 June 2018.  Dividends payable from South Africa will be paid in 
South African currency at the rate of 45,80909 ZAR cents per share (gross 
dividend) in accordance with the exchange rate ruling on Monday, 14 May 2018 (1 
pound sterling = R16,65785). 
 
A South African dividend withholding tax of 20% will be applicable to all 
shareholders who are not either exempt or entitled to a reduction of the 
withholding tax rate in terms of a relevant Double Taxation Agreement resulting 
in a net dividend of 36,64727 cents per share payable to those shareholders who 
are not eligible for exemption or reduction.  Application forms for exemption 
or reduction may be obtained from the Transfer Secretaries and must be returned 
to them on or before Tuesday, 5 June 2018. 
 
Dividends payable from the United Kingdom office will be subject to such tax 
deductions as are prescribed by United Kingdom legislation unless a certificate 
exempting the shareholder concerned from such tax deduction is received before 
Tuesday, 5 June 2018. 
 
The issued share capital of the Company at the declaration date is 121 829 083 
listed ordinary shares, 10 117,951 unlisted redeemable convertible B ordinary 
shares and 3 000 000 listed cumulative preference shares.  The dividend has 
been declared from the income reserves of the Company. 
 
Any change of address or dividend instruction must be received on or before 
Tuesday, 5 June 2018. 
 
Share certificates may not be dematerialised or rematerialised between 
Wednesday, 6 June 2018 and Friday, 8 June 2018, both days inclusive. 
 
By order of the Board 
E N Rapoo 
Group Company Secretary 
Woodmead, Sandton 
22 May 2018 
 
Transfer Secretaries 
Computershare Investor Services (Pty) Limited 
Rosebank Towers, 15 Biermann Avenue, Rosebank, 2196 
 
and 
 
Computershare Investor Services PLC 
P O Box 82 
The Pavilions 
Bridgwater Road 
Bristol BS99 7NH 
England 
 
Registered office 
1st Floor, AECI Place 
24 The Woodlands 
Woodlands Drive 
Woodmead 
Sandton 
 
Sponsor 
Rand Merchant Bank (A division of FirstRand Bank Limited) 
 
 
 
END

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