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
02 dec
ZEAL
For en gangs skyld og kun denne ene gang svarer jeg dig.   Jeg anser dine indlæg omkring Zealand græ..
39
03 dec
VWS
Der er delte meninger om aktiekursen på Vestas. Vi har jo alle hver vores måde at vurdere virksomhed..
26
04 dec
VWS
Det er lettere at se hvad DU ikke fatter. USA har, med et flertal af stemmer i kongressen, underskre..
25
29 nov
ZEAL
...når de investerer i mindre virksomheder og så vil ud hurtigt uanset at selskabet har fremgang og ..
21
15:09
NETS
Handles nu under kurs 115; absolut en af de mest pinlige IPOs i nyere dansk børs-historie.   Selskab..
18
04 dec
 
Du forveksler din såkaldte anstændighed og ansvarlighed med naivitet og misforstået godhed. Grenen v..
18
02 dec
ZEAL
Novo Nordisk og Zealand er nu med i den helt absolutte front i kombinations behandling af diabetes -..
18
08:29
 
Hej. Jeg kan se, at flere allerede er i gang med at skændes denne herlige mandag morgen. Jeg vil dog..
17
03 dec
ZEAL
I ugens løb kom det frem, at Svenska Handelsbanken havde sænket anbefalingen på Zealand og at Aktieu..
17
29 nov
 
Følgende artikel giver et godt indblik i at ledende danske politikere har større interesser i at mel..
16

Novo sender registreringsansøgning for Semaglutid i EU og USA - NY

05-12-2016 16:00:41
Novo Nordisk indsender registreringsansøgning i USA og EU for GLP-1-analogen Semaglutid, som medicinalselskabet har store forventninger til.Det oplyser medicina..

Vestas vælger ny HR-chef

05-12-2016 13:03:39
Vindmølleproducenten Vestas har fundet sig en ny chef for human ressources (HR) - eller People & Culture - som Vestas selv kalder det.Helle Bay overtager per 1...

Aktier/åbning: Bankaktier i bund efter italiensk nej

05-12-2016 09:24:36
De danske bankaktier i eliteindekset på Københavns Fondsbørs ligger i bund mandag morgen, i kølvandet af det rungende "nej" til en reform af den italienske forf..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Novo: Konkurrenter får eftertragtet godkendelse
2
Vestas vælger ny HR-chef
3
Aktier/tendens: Fokus på bankaktierne efter italiensk "nej"
4
Aktier/middag: Overraskende positiv stemning efter italiensk valg
5
Italien: Aktier i stærkt comeback - indeks stiger over 1,3 pct.

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2016  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
5. december 2016 17:36:50
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20161205.1 - EUROWEB3 - 2016-12-05 17:36:50 - 2016-12-05 17:36:50 - 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