Bytes Technology Group PLC Notice of dividend currency exchange rate (4464T)
July 22 2022 - 5:00AM
UK Regulatory
TIDMBYIT
RNS Number : 4464T
Bytes Technology Group PLC
22 July 2022
22 July 2022
Bytes Technology Group plc
("the Company")
Notice of dividend currency exchange rate
Shareholders on the South African register of the Company are
referred to the announcement released on 24 May 2022 with regard to
the financial results for the full year ended 28 February 2022 and
proposal by the Board of a gross final and special dividend from
retained earnings of 4.2 pence per share and 6.2 pence per share,
respectively.
If approved by shareholders at the Company's Annual General
Meeting on Tuesday, 26 July 2022, the final and special dividends
will be payable on Friday, 12 August 2022 to all ordinary
shareholders who are registered as such at the close of business on
the record date, Friday, 29 July 2022.
Shareholders on the South African register will be paid the ZAR
cash equivalent as follows:
- Final dividend of 85.16084 cents per share (68.12867 cents per
share net of dividend withholding tax).
- Special dividend of 125.71362 cents per share (100.57089 cents
per share net of dividend withholding tax).
Dividend withholding tax of 20% will be applicable to all
shareholders on the South African register who are not exempt
therefrom. The ZAR cash equivalent has been calculated using the
following exchange rate: GBP1: ZAR20.27639 being the GBP/ZAR
exchange rate on Friday, 22 July 2022 at 09:00 (BST).
Enquiries
WK Groenewald Tel: +44 (0)1372 418992
Group Company Secretary
Bytes Technology Group plc
The Company has a primary listing on the Main Market of the
London Stock Exchange and a secondary listing on the Johannesburg
Stock Exchange.
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END
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