Declaration of final dividend number 150
The board has approved and declared a final gross cash dividend of 434 cents per ordinary share in respect of the year ended 30 September 2019.
The dividend will be subject to the dividends tax 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 20% (twenty percent) effective 22 February 2017
- The net local dividend amount is 434 cents per ordinary share for shareholders exempt from the dividends tax
- The net local dividend amount is 347,2 cents per ordinary share for shareholders liable to pay the dividends tax
- Tiger Brands has 189 818 926 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:
| Declaration date | Friday, 22 November 2019 |
| Last day to trade cum the final dividend | Tuesday, 7 January 2020 |
| Shares commence trading ex the final dividend | Wednesday, 8 January 2020 |
| Record date to determine those shareholders entitled to the final dividend | Friday, 10 January 2020 |
| Payment date in respect of the final dividend | Monday, 13 January 2020 |
Share certificates may not be dematerialised or rematerialised between Wednesday, 8 January 2020 and Friday, 10 January 2020, both days inclusive.
By order of the board
JK Monaisa
Company secretary
Bryanston
21 November 2019