The board has approved and declared a final dividend of 611 cents per ordinary share (gross) in respect of the year ended 30 September 2015.
The dividend will be subject to the dividends tax that was introduced with effect from 1 April 2012. In accordance with paragraphs 11.17(a)(i) to (x) and 11.17(c) of the JSE Listings Requirements the following additional information is disclosed:
The dividend has been declared out of income reserves.
The local dividends tax rate is 15% (fifteen per centum).
There are no secondary tax on companies (STC) credits utilised.
The gross local dividend amount is 611 cents per ordinary share for shareholders exempt from the dividends tax.
The net local dividend amount is 519,35 cents per ordinary share for shareholders liable to pay the dividends tax.
Tiger Brands has 192 069 868 ordinary shares in issue (which includes 10 326 758 treasury shares).
Tiger Brands Limited’s income tax reference number is 9325/110/71/7.
Shareholders are advised of the following dates in respect of the final dividend:
| Last day to trade cum the final dividend | Friday, 8 January 2016 |
| Shares commence trading ex the final dividend | Monday, 11 January 2016 |
| Record date to determine those shareholders entitled to the final dividend | Friday, 15 January 2016 |
| Payment in respect of the final dividend | Monday, 18 January 2016 |
Share certificates may not be dematerialised or rematerialised between Monday, 11 January 2016, and Friday, 15 January 2016 both days inclusive.
By order of the board
T Naidoo
Company secretary
15 December 2015