22nd Mar 2016 10:30
22 March 2016
intu properties plc (the "Company")
Confirmation of Final Dividend Payment Date and notification that Scrip Dividend Alternative will not be offered for the 2015 Final Dividend
On 26 February 2016, the Directors proposed a final dividend for 2015 of 9.1 pence per share (the "Dividend"). We are pleased to announce that the Dividend will be paid on 26 May 2016, subject to approval of the shareholders at the Company's AGM to be held on 4 May 2016.
A scrip dividend alternative is not being offered on this occasion and all shareholders will therefore receive the full 2015 Final Dividend payable in cash. The 2015 Final Dividend will also be paid wholly as a Property Income Distribution ('PID'), which will be subject to deduction of a 20 per cent UK withholding tax unless exemptions apply.
For further information regarding their holdings, or the final dividend, we recommend that shareholders contact our registrars in the UK and South Africa as follows:
UK Shareholders:
Capita Asset Services, The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU (Tel: +44 (0)371 664 0300, for UK and outside of UK (calls are charged at the standard geographic rate and will vary by provider)).
SA Shareholders:
Trifecta Capital Services (Pty) Limited, PO Box 61272, Marshalltown, 2107, South Africa (Tel: +27 (0) 860 22 22 13 or Email: [email protected]).
A timetable of events in relation to the Final Dividend is set out below:
Currency Conversion Date (sterling/rand) | Tuesday 29 March 2016 |
Sterling/Rand conversion rate and dividend amount in SA currency announced | Wednesday 30 March 2016 |
Ex-dividend date (SA) | Monday 11 April 2016 |
Ex-dividend date (UK) | Thursday 14 April 2016 |
Record Date (both UK and SA) | Friday 15 April 2016 |
Last date for receipt of Tax Exemption Declaration Forms to permit dividend to be paid gross (UK Shareholders only) | Friday 15 April 2016 |
Dividend payment date (UK & SA) | Thursday 26 May 2016 |
CREST (UK register) and CSDP (SA register) accounts credited and share certificates issued to certificated shareholders | Thursday 26 May 2016 |
SA Shareholders should note that, in accordance with the requirements of Strate, the last day to trade cum-dividend will be 8 April 2016 and that no dematerialisation or rematerialisation of shares will be possible from 11 April to 15 April 2016 inclusive. No transfers between the UK and South African registers may take place from 24 March to 18 April 2016 (both days inclusive).
Susan Marsden
Company Secretary
22 March 2016
Related Shares:
INTU.L