LFI London Finance & Investment Group Plc

 
TIDMLFI 
 
LONDON FINANCE & INVESTMENT GROUP P.L.C. 
 
                                ("the Company") 
 
            Dividend announcement for the year ended 30th June 2012 
 
Further to the Company's preliminary announcement of results for the year ended 
30th June 2012, released on 28th September 2012, the Board recommends a final 
dividend of 0.35p, making 0.7p per share for the year (2011 - 0.6p). Subject to 
member's approval, which will be sought at the Annual General Meeting to be 
held on Wednesday, 28th November 2012, the dividend will be paid on 30th 
November 2012 to those members on the register at the close of business on 9th 
November 2012. Shareholders on the South African register will receive their 
dividend in South African rand converted from sterling at the closing rate of 
exchange on 18th October 2012. 
 
Salient dates for dividend 
 
Last day to trade (SA)                Friday 2nd November 2012 
 
Shares trade ex dividend (SA)         Monday 5th November 2012 
 
Shares trade ex dividend (UK)         Wednesday 7th November 2012 
 
Record date (UK & SA)                 Friday 9th November 2012 
 
Pay date                              Friday 30th November 2012 
 
Currency conversion date              Thursday 18th October 2012 
 
Shareholders are hereby advised that the exchange rate to be used will be GBP 1 
= ZAR13.9332. 
 
This has been calculated as the average of the bid/ask spread as at 16h00 
(United Kingdom time) being close of business on 18th October 2012. 
Consequently the dividend of 0.35p will be equal to 4.17996 South African 
cents. 
 
Since the introduction on 1st April 2012 of a new dividend withholding tax in 
South Africa, the JSE Listings Requirements require disclosure of additional 
information in relation to any dividend payments. Shareholders registered on 
the Johannesburg register are therefore advised that the new dividend 
withholding tax will be withheld from the gross final dividend amount of 
4.17996 SA cents per share at a rate of 15%, unless a shareholder qualifies for 
an exemption; shareholders registered on the Johannesburg register who do not 
quality for an exemption will therefore receive a net dividend of 3.552966 SA 
cents per share. The Company, as a non-resident of South Africa, was not 
subject to the secondary tax on companies (STC) applicable before 1st April 
2012, and accordingly, no STC credits are available for set-off against the 
dividend withholding tax liability on the final net dividend amount. The 
dividend is payable in cash as a `Dividend' (as defined in the South African 
Income Tax Act, 58 of 1962, as amended) by way of a reduction of income 
reserves. The dividend withholding tax and the information contained in this 
paragraph is only of direct application to shareholders registered on the 
Johannesburg register, who should direct any questions about the application of 
the new dividend withholding tax to Computershare Investor Services (Pty) 
Limited, Tel: +27 11 373-0004. 
 
From the commencement of trading on Monday 5th November 2012 until the close of 
business on Friday 9th November 2012, no transfers between the London and 
Johannesburg registers will be permitted and no shares may be dematerialised or 
rematerialised, both days inclusive. 
 
By Order of the Board 
 
City Group P.L.C. 
 
Secretaries 
 
19th October 2012 
 
 
 
END 
 

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