Correction of Dates on interim results and dividend announcement
London Finance & Investment Group P.L.C.
(Incorporated in England with registered number 201151)
LSE code: LFI
JSE code: LNF
Correction of dates announcement
Shareholders are referred to the “Unaudited Interim Results for the six months ended 31st December
2020 and interim dividend declaration” published on SENS on 24 February 2021 (“the Announcement”)
and are advised that:
1. the heading was incorrect in that the Announcement incorrectly referred to the six months
ended 31st December 2019 instead of 31st December 2020; and
2. in the second paragraph under ‘Introduction to the Company’ the Announcement incorrectly
referred to a divided payment date of Friday, 3 April 2020 instead of Thursday, 25 th March 2021
and an incorrect dividend record date of Friday, 13 March 2021 instead of Friday 12 March
All other information in the Announcement remains unchanged as disclosed below:
Introduction to the Company
London Finance & Investment Group PLC. (LSE: LFI, JSE: LNF), the investment company whose
assets primarily consist of Strategic Investments and a General Portfolio, today announces its unaudited
Interim Results for the 6 months ended 31 December 2020 and the Board’s Dividend Declaration.
The Board recommends an interim gross dividend of 0.55p per share (10.73127 SA cents): 0.55p)
which will be paid on Thursday, 25 March 2021 to those members registered at the close of business
on Friday 12 March 2021 (SA and UK). Shareholders on the South African register will receive their
dividend in SA Rand converted from sterling at the closing rate of exchange on Tuesday, 18 February
2021, being GBP 1 = SA Rand 19.5114.
JSE Disclosure Requirements
In respect of the normal gross cash dividend, and in terms of the South African Tax Act, the following
dividend tax ruling only applies to those shareholders who are registered on the South African register
on Friday, 12 March 2021. All other shareholders are exempt.
• The number of shares in issue now and as at the interim dividend declaration date is 31,207,479;
• The interim gross dividend is 10.73127 SA cents;
• The interim net dividend is 8.58502 SA cents;
• The dividend has been declared from income reserves, which funds are sourced from the
Company’s main bank account in London and is regarded as a foreign dividend by South African
• The Company’s UK Income Tax reference number is 948/L32120.
Last day to trade (SA) Tuesday 9th March 2021
Shares trade ex-dividend (SA) Wednesday 10th March 2021
Shares trade ex-dividend (UK) Thursday 11th March 2021
Record date (SA and UK) Friday 12th March 2021
Dividend Payment date Thursday 25th March 2021
The JSE Listing Requirements require disclosure of additional information in relation to any dividend
Shareholders registered on the South African register are advised that the dividend withholding tax
will be withheld from the gross final dividend amount of 10.73127 SA cents per share at a rate of 20%
unless a shareholder qualifies for an exemption; shareholders registered on the South African register
who do not qualify for an exemption will therefore receive a net dividend of 8.58502 SA cents per
share. The dividend withholding tax and the information contained in this paragraph is only of direct
application to shareholders registered on the South African register, who should direct any questions
about the application of the dividend withholding tax to Computershare Investor Services (Pty)
Limited, Tel: +27 11 370 5000
Share certificates may not be de-materialised or re-materialised between Wednesday 11 March 2021
and Friday 13 March 2021, both dates inclusive. Shares may not be transferred between the registers
in London and South Africa during this period either.
This short-form announcement is the responsibility of the Directors of the Company and is a summary of the
information in the full announcement which is available for viewing on the following website:
JSE website: https://senspdf.jse.co.za/documents/2021/jse/isse/lojm/lnf2021.pdf
Any investment decision by investors and/or shareholders should be based on consideration of the full
announcement, copies of which are also available for inspection at our offices and our sponsor’s offices on
work-days during business hours, at no charge:
On behalf of the Board
25 February 2021
Date: 25-02-2021 10:23:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.