Dividend Announcement

Declaration of final dividend no 62

The Board is pleased to announce the declaration of a dividend of 5.75 cents per ordinary share in respect of the year ended 30 June 2020 (2019: 7 cents), thus bringing the total dividend payable for the year to 14 cents (2019: 13 cents).

Additional information:

This is a dividend as defined in the Income Tax Act, 1962, and is payable from income reserves. The dividend withholding tax (“DWT”) rate is 20%. The net amount payable to shareholders who are not exempt from DWT is 4.60000 cents per share, while the gross amount is 5.75 cents per share to those shareholders who are exempt from DWT.

There are 43 897 279 (2019: 43 897 279) ordinary shares in issue; the total dividend amount payable is R2 324 093 (2019: R3 127 059). Putprop’s tax reference number is 9100097717, and its company registration number is 1988/001085/06

The salient dates relating to the dividend are as follows:

Declaration date

Wednesday, 2 September 2020 

Last date to trade to participate

Tuesday, 27 October 2020

Trading commences ex dividend

Wednesday, 28 October 2020

Record date

Friday, 30 October 2020

Date of payment

Monday, 2 November 2020 

Share certificates may not be dematerialised or rematerialised between Wednesday, 28 October 2020 and Friday, 30 October 2020, both days inclusive.

On behalf of the Board

BC Carleo                                           JE Smith

Chief Executive Officer                    Chief Financial Officer

4 September 2020

Summit-Place-19.jpg