18 maj: Bukowskis Contemporary rummer i år sublim international fotokunst
19 maj: DAKO solgt i mia.-handel
18-05-2012 11:00:31

Capital Shopping Centres Group PLC: Exchange Rate for 2011 Final Dividend

SCRIP DIVIDEND ALTERNATIVE

Shareholders should note that a scrip dividend alternative is not being offered in respect of the 2011 final dividend given prevailing stock market conditions and in particular the level of the share price relative to net asset value per share. A scrip dividend alternative may, at the Directors' discretion, be offered in respect of any future dividend. Further details about the Scrip Dividend Scheme can be found at www.capital-shopping-centres.co.uk/investors/shareholder_info/dividends.

EXCHANGE RATE FOR 2011 FINAL DIVIDEND PAYABLE TO SHAREHOLDERS ON THE SOUTH AFRICAN REGISTER 

Capital Shopping Centres Group PLC ("CSC") confirms that the South African Rand exchange rate for the 2011 final dividend of 10 pence per ordinary share to be paid on 3 July 2012, to shareholders registered on 1 June 2012, will be 13.2123 ZAR to 1 GBP. CSC is a Real Estate Investment Trust and will pay the final dividend partly as a Property Income Distribution ("PID") with a gross value of 2.5 pence per share, which will be subject to deduction of a 20% UK withholding tax, and partly as a non-PID with a value of 7.5 pence per share, which will be subject to deduction of a 15% South African Dividends Tax in the hands of SA shareholders (unless exemptions apply).

Accordingly shareholders who hold their shares via the South African register will receive a dividend per ordinary share as follows:

Gross amount of dividend 132.1230 ZA cents

Payable as:

PID element   33.0308 ZA cents (GBP 2.5 pence)*
Less 20% UK withholding tax

6.6062 ZA cents

(GBP 0.5 pence)*

Net PID dividend payable 26.4246 ZA cents (GBP 2.0 pence)*

Non-PID element 99.0923 ZA cents

Less 15% SA Dividends Tax

14.8638 ZA cents

Net non-PID dividend payable 84.2285 ZA cents

Total net dividend payable

110.6531 ZA cents

* GBP amounts stated for HMRC refund application purposes only.

South African shareholders may apply, after payment of the dividend, to the UK tax authority for a refund of the difference between the 20% UK withholding tax and the UK/South African double taxation treaty rate of 15%. CSC will account to UK HM Revenue & Customs in sterling for the tax withheld. Settlement of any claims for refund will also be calculated and settled in sterling.

The information given above will assist with applications for refunds for the UK withholding tax. For information on PIDs and refund claims, including claim forms and guidance on how to complete them, visit

www.capital-shopping-centres.co.uk/investors/shareholder_info/reit

The 2011 final dividend, which was declared and approved for payment on 25 April 2012, will be treated in South Africa as a foreign dividend and will therefore be subject to Dividends Tax, which will be withheld from the non-PID element of the Final Dividend paid to South African shareholders at the rate of 15% unless a shareholder qualifies for an exemption from Dividends Tax. No Dividends Tax will be deducted from the PID element as the net UK withholding tax of 15% will be offset.

No secondary tax on companies (STC) credits will be available to be utilised against Dividend Tax withheld on the payment of the Final Dividend.  The number of shares in issue as at the declaration date was 860,347,169 ordinary shares of 50p each.

18 May 2012


This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the

information contained therein.

Source: Capital Shopping Centres Group PLC via Thomson Reuters ONE

HUG#1613239

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
19 mar
BAVA
Efter en fantastik uge vil jeg godt lige prøve at lave en evaluering af hvorfor jeg mener at der er ..
64
21 mar
PNDORA
  Jeg har flere gange analyseret Pandora, senest efter årsregnskabet. Den seneste tid har kursen vær..
58
21 mar
E:QEC
At jeg gør som jeg gør, og et lille indblik i hvilke gabs vi har liggende som sagtens kan fyldes på ..
24
17 mar
BAVA
Du skrev tusindvis af indlæg om, hvordan Genmab ville fejle. Du påstod at de aldrig ville få Darzale..
24
21 mar
FING-B
Baronen84, jeg tager hatten af for dine RTX aktier, det er flot set :-)   Men at være hånlig overfor..
18
19 mar
I:DAX
Vorherre bevares!
18
17 mar
FING-B
En lille opsamling.   Samsung S8 er på vej med masser af biometri (ansigt, iris og fps): https://www..
17
22 mar
OMXC25
Det var så vigtigt vi skulle stemme. Jeg er glad for det blev et NEJ.   EU sagde vi ikke ville få en..
15
21 mar
VWS
idiot
15
23 mar
VWS
Dong Energy og Vestas får meldinger om off shore industrien, hvor de store olieselskaber øjnene muli..
14

Novo/CEO: Vi skal stadig fokusere på produktfornyelse

23-03-2017 14:34:32
Novo Nordisk har stærke produkter, men står samtidig over for store udfordringer i USA, hvor sygekasserne presser på for at sænke priserne.Det erkender administrerende direktør Lars Fruergaard Jørgensen på torsdagens generalforsamling.- På den ene side har Novo Nordisk med en meget stærk produktportefølje, men på den anden side står vi også over for et meget stærkt pres på vores forretning i USA, ..

Aktier/åbning: Mærsk skyder til tops i C20 efter Nordsøaftale

23-03-2017 09:18:19
Investorerne er glade for A.P. Møller-Mærsk-aktierne torsdag morgen, hvor det er gjort klart, at Thyra-feltet vil blive genopbygget efter en aftale om olie- og gasproduktion i Nordsøen.Mærsks A-aktie stiger med 0,5 pct. til 11.120 kr., og B-aktien stiger med 0,3 pct. til 11.540 kr.- Det er ret væsentligt for Maersk Oil, at det her kommer i hus, for ambitionen om selvstændighed og om at fokusere si..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Novo/aktionærer: Tingene kører ikke længere af sig selv
2
Vestas/Barclays: De store kan klemme de små i vindbranchen
3
Parken får bøde og Don Ø idømmes fængsel i halvandet år - NY2
4
Pandora vil uddele optioner for op til 77 mio. kr.
5
Novo/ATP: Succes afhænger også af de mindste forretningsben

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2017  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
24. marts 2017 05:18:19
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20170322.1 - EUROWEB7 - 2017-03-24 05:18:19 - 2017-03-24 05:18:19 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x