Bytes Technology Group PLC Notice of dividend currency exchange rate (7312E)
July 03 2023 - 4:00AM
UK Regulatory
TIDMBYIT
RNS Number : 7312E
Bytes Technology Group PLC
03 July 2023
3 July 2023
Bytes Technology Group plc
('the Company')
Notice of dividend currency exchange rate
Shareholders on the South African register of the Company are
referred to the announcement released on 23 May 2023 with regard to
the financial results for the full year ended 28 February 2023 and
proposal by the Board of a gross final and special dividend from
retained earnings of 5.1 pence per share and 7.5 pence per share,
respectively.
If approved by shareholders at the Company's Annual General
Meeting on Wednesday, 12 July 2023, the final and special dividends
will be payable on Friday, 4 August 2023 to all ordinary
shareholders who are registered as such at the close of business on
the record date, Friday, 21 July 2023.
Shareholders on the South African register will be paid the ZAR
cash equivalent as follows:
- Final dividend of 121.16019 cents per share (96.92815 cents
per share net of dividend withholding tax).
- Special dividend of 178.17675 cents per share (142.54140 cents
per share net of dividend withholding tax).
Dividend withholding tax of 20% will be applicable to all
shareholders on the South African register who are not exempt
therefrom. The ZAR cash equivalent has been calculated using the
following exchange rate: GBP1: ZAR23.75690 being the GBP/ZAR
exchange rate on Monday, 3 July 2023 at 09:00 (BST).
Enquiries
WK Groenewald Tel: +44 (0)1372 418992
Group Company Secretary
Bytes Technology Group plc
The Company has a primary listing on the Main Market of the
London Stock Exchange and a secondary listing on the Johannesburg
Stock Exchange.
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END
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