ATLANTIC LEAF PROPERTIES LIMITED - Declaration of dividend and availability of the financial statements for 3 and 6 months ended 31 Aug 2018

Release Date: 12/10/2018 13:18
Code(s): ALP
 
Wrap Text
Declaration of dividend and availability of the financial statements for 3 and 6 months ended 31 Aug 2018

Atlantic Leaf Properties Limited
(Incorporated in the Republic of Mauritius)
(Registration number: 119492 C1/GBL)
SEM share code: ALPL.N0000
JSE share code: ALP
ISIN: MU0422N00009
("Atlantic Leaf" or "the Company")


DECLARATION OF 4.65 GBP PENCE DIVIDEND PER SHARE, AVAILABILITY
OF THE ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE THREE AND 
SIX MONTHS ENDED 31 AUGUST 2018 AND AVAILABILITY OF INVESTOR RESULTS PRESENTATION


DECLARATION OF 4.65 GBP PENCE DIVIDEND PER SHARE

Shareholders are advised that the board of directors ("the Board") of Atlantic Leaf has
approved and declared a cash dividend of 4.65 GBP pence per share in respect of the six
months ended 31 August 2018 out of the Company's distributable profits.

The salient dates for the dividend for shareholders on the South African register are set out
below:

                                                                                       2018
Announcement of GBP to Rand conversion rate on or before:                Tuesday, 30 October
Last day to trade cum dividend:                                         Tuesday, 06 November
Securities trade ex-dividend:                                         Wednesday, 07 November
Record date:                                                             Friday, 09 November
Payment date:                                                            Monday, 12 November

The salient dates for the dividend for shareholders on the Mauritian register are set out below:

                                                                                        2018
Announcement of GBP to Rand conversion rate on or before:                Tuesday, 30 October
Last day to trade cum dividend:                                          Monday, 05 November
Securities trade ex-dividend:                                           Tuesday, 06 November
Record date:                                                             Friday, 09 November
Payment date:                                                            Monday, 12 November

Dematerialisation or rematerialisation of share certificates may not take place between
Tuesday, 06 November 2018 and Friday, 09 November 2018 both days inclusive. Transfer of
shares between sub-registers in Mauritius and South Africa may not take place between
Tuesday, 30 October 2018 and Friday, 09 November 2018 both days inclusive. Shareholders
on the South African sub-register will receive dividends in South African Rand, based on the
exchange rate to be obtained by the Company on or before Tuesday, 30 October 2018. A
further announcement in this regard will be made on or before Tuesday, 30 October 2018.
South African shareholders are advised that the cash dividend will be regarded as a foreign
dividend and may be subject to South African dividends withholding tax. Accordingly,
South African shareholders may be subject to a dividend withholding tax rate of 20%, unless
an exemption as set out in the South African tax legislation applies.

The receipt of the cash dividend may have tax implications for shareholders who are resident
in Mauritius or other countries other than South Africa. Atlantic Leaf shareholders are
advised to consult their professional advisors regarding the tax consequence of the cash
dividend should they be in any doubt as to the appropriate action they should take. There is
no dividends withholdings tax in Mauritius.

At the date of this announcement, the issued share capital of the Company is 188 976 628
ordinary shares of no par value.

AVAILABILITY OF ABRIDGED UNAUDITED FINANCIAL STATEMENTS
FOR THE THREE AND SIX MONTHS ENDED 31 AUGUST 2018

The Board wishes to inform the shareholders of Atlantic Leaf and the general public that the
abridged unaudited financial statements of the Company for the three and six months ended
31 August 2018 have been published and can be viewed on the Company's website
(www.atlanticleaf.mu).

AVAILABILITY OF INVESTOR RESULTS PRESENTATION

Shareholders are advised that the Company has published an investor results presentation for
the six months ended 31 August 2018 and this can be viewed on the Company's website at
http://www.atlanticleaf.mu/investors/presentations/.

Atlantic Leaf has primary listings both on the Official Market of the Stock Exchange of
Mauritius Ltd and the Main Board of the JSE Limited.

By order of the Board

For further information please contact:


JSE sponsor
Java Capital                                                       +27 11 722 3050

SEM authorised representative and sponsor
Perigeum Capital Ltd                                               +230 402 0890

Company secretary
Intercontinental Trust Limited                                     +230 403 0800

12 October 2018


This notice is issued pursuant to SEM Listing Rules 11.3 and 12.20 and Rule 5(1) of the Securities (Disclosure
Obligations of Reporting Issuers) Rules 2007. The Board of the Company accepts full responsibility for the
accuracy of the information contained in this announcement.

Date: 12/10/2018 01:18:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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