Preference dividend

Notice is hereby given that a gross final dividend of 379,0 cents per cumulative, non-redeemable, non-participating and non-convertible preference share (2011: 363,0 cents) has been declared for the year ended 31 December 2012, payable to preference shareholders in accordance with the timetable.

In terms of the dividend tax effective 1 April 2012, the following additional information is disclosed:

  • The local dividend tax rate is 15%;
  • No secondary tax on companies (STC) credits will be utilised for the final preference dividend;
  • 7 400 000 cumulative, non-redeemable, non-participating and non-convertible preference shares are in issue;
  • The net preference dividend is 322,15000 cents per share for preference shareholders who are not exempt from dividends tax; and
  • Grindrod Limited’s tax reference number is 9435/490/71/0.

Ordinary dividend

Notice is hereby given that a gross final dividend of 15,4 cents per ordinary share (2011: 12,0 cents) has been declared for the year ended 31 December 2012, payable to ordinary shareholders in accordance with the timetable.

In terms of the dividend tax effective 1 April 2012, the following additional information is disclosed:

  • The local dividend tax rate is 15%;
  • STC credits of 1,48784 cents per share will be utilised for the final ordinary dividend;
  • 599 665 314 ordinary shares are in issue;
  • The net ordinary dividend is 13,31318 cents per share for ordinary shareholders who are not exempt from dividends tax; and
  • Grindrod Limited’s tax reference number is 9435/490/71/0.

Timetable

Last day to trade cum-dividend Thursday, 14 March 2013
Shares commence trading ex-dividend Friday, 15 March 2013
Record date Friday, 22 March 2013
Dividend payment date Monday, 25 March 2013

 

No dematerialisation or rematerialisation of shares will be allowed for the period Friday, 15 March 2013 to Friday, 22 March 2013, both days inclusive.

The dividends are declared in the currency of the Republic of South Africa.

By order of the board

CI Lewis
Group Company Secretary

26 February 2013