British American Tobacco PLC Branch Register: Dividend Finalisation Information (4319Z)
December 15 2017 - 1:00AM
UK Regulatory
TIDMBATS
RNS Number : 4319Z
British American Tobacco PLC
15 December 2017
British American Tobacco p.l.c. (the "Company")
Second Interim Dividend for the year ending 31 December
2017:
South Africa Branch Register Finalisation Information
On 5 December 2017, the Company announced that the Board had
declared a second interim dividend of 43.6p per ordinary share of
25p for the year ending 31 December 2017. The second interim
dividend will be payable on 8 February 2018 to shareholders
registered on either the UK main register or the South Africa
branch register on 29 December 2017 (the record date).
In accordance with the JSE Limited ("JSE") Listing Requirements,
the finalisation information relating to shareholders registered on
the South Africa branch register is set out in the paragraphs
below.
The salient dates and other dividend declaration information
announced on 5 December 2017 remain unchanged.
South Africa Branch Register: Dividend Rate
The British American Tobacco Group reports in sterling,
therefore dividends are declared and payable in sterling except for
shareholders on the branch register in South Africa whose dividends
are payable in rand. A rate of exchange of GBP:R = 18.04050 as at
13 December 2017 (the closing rate on that date as quoted by
Bloomberg), results in an equivalent second interim dividend of
786.56580 SA cents per ordinary share.
South Africa Branch Register: Dividends Tax Information
South Africa Dividends Tax (at a rate of 20%), equivalent to
157.31316 SA cents per ordinary share, will be withheld from the
gross interim dividend paid to shareholders on the South Africa
branch register, unless a shareholder qualifies for an exemption.
After Dividends Tax has been withheld, the net dividend will be
629.25264 SA cents per ordinary share. The second interim dividend
is regarded as a 'foreign dividend' for the purposes of the South
Africa Dividends Tax. For the purposes of South Africa Dividends
Tax reporting, the Country of Income Source ("COIN") for the
payment of the second interim dividend is the United Kingdom.
At the close of business on 13 December 2017 (the latest
practicable date prior to the date of the declaration of the South
African rand equivalent of the second interim dividend), the
Company had a total of 2,293,629,203 ordinary shares in issue
(excluding treasury shares). The Company held 162,645,590 ordinary
shares in treasury giving a total issued share capital of
2,456,274,793 ordinary shares.
British American Tobacco p.l.c. is registered with the South
African Revenue Service (SARS) with tax reference number
9378193172.
For the avoidance of doubt, Dividends Tax and the information
provided above is of only direct application to shareholders on the
South Africa branch register. Shareholders on the South Africa
branch register should direct any questions regarding the
application of Dividends Tax to Computershare Investor Services
Proprietary Limited, contact details for which are given below:
Computershare Investor Services Proprietary Limited
PO Box 61051, Marshalltown 2107, South Africa
tel: 0861 100 634; +27 11 870 8216
email enquiries: web.queries@computershare.co.za
Name of duly authorised officer of issuer responsible for making
notification:
Paul McCrory
Company Secretary
British American Tobacco p.l.c.
15 December 2017
Enquiries:
Investor Relations
Mike Nightingale/Rachael Brierley/Stephanie Brassinne
+44 20 7845 1180/1519/2012
British American Tobacco Press Office
Anna Vickerstaff
+44 20 7845 2888
This information is provided by RNS
The company news service from the London Stock Exchange
END
DIVEAXALFSLXFFF
(END) Dow Jones Newswires
December 15, 2017 02:00 ET (07:00 GMT)
British American Tobacco (LSE:BATS)
Historical Stock Chart
From Apr 2024 to May 2024
British American Tobacco (LSE:BATS)
Historical Stock Chart
From May 2023 to May 2024