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URL Link [\Common\DDAP.SPRD.SENS.STORIES\SENS_20211119_S454112.pdf] Symbol [RDFSTM] SCIB: The Standard Bank Of South Africa- RDF Share Instalment Dividend Announcement.SCIB: The Standard Bank Of South Africa Limited ? REIT Distribution announcement in relation tothe RDF shareThe Standard Bank of South Africa LimitedShare Code: RDFSTMISIN Code: ZAE00029741219/11/2021REIT DISTRIBUTION ANNOUNCEMENT IN RELATION TO THE RDF SHARE INSTALMENTNotice is hereby given that as a result of the REIT distribution declarationrelating toREDEFINE PROPERTIES LIMITED (RDF) shares, the holders of RDFSTM shareinstalments will receive a REDEFINE PROPERTIES LIMITED (RDF) REIT distributionof cents 60.11921 (gross) per Instalment.Last date to trade cum REIT distribution Tuesday, 30/11/2021Ex- REIT distribution Date Wednesday, 01/12/2021Record Date Friday, 03/12/2021Payment Date Monday, 06/12/2021TAX IMPLICATIONSRedefine was granted REIT status by the JSE Limited with effect from 1September 2013 in line with the REIT structure as provided for in the IncomeTax Act, No. 58 of 1962, as amended (theIncome Tax Act?) and section 13 ofthe JSE Listings Requirements.The REIT structure is a tax regime that allows a REIT to deduct qualifyingdistributions paid to investors, in determining its taxable income.The cash dividend of 60.11921 cents per share meets the requirements of aqualifying distribution? for the purposes of section 25BB of the Income TaxAct (a ?qualifying distribution?) with the resultthat:qualifying distributions received or accrued to SA tax resident Redefineshareholders must be included in the gross income of such shareholders (as anon-exempt dividend in terms of section 10(1)(k)(aa) of the Income Tax Act),with the effect that the qualifying distribution is taxable as income in thehands of the Redefine shareholder. These qualifying distributions arehowever exempt from dividends withholding tax, provided that the SA taxresident Redefine shareholders provided the following forms to their CSDP orbroker, as the case may be, in respect of uncertificated shares, or thecompany, in respect of certificated shares:a declaration that the dividend is exempt from dividends tax; anda written undertaking to inform the CSDP, broker or the company, as the casemay be,should the circumstances affecting the exemption change or thebeneficial owner ceaseto be the beneficial owner,both in the form prescribed by the Commissioner for the South AfricanRevenue Service.Shareholders are advised to contact their CSDP, broker orthe company, as the case may be,to arrange for the abovementioned documentsto be submitted prior to payment of the dividend, if such documents have notalready been submitted.qualifying distributions received by non-resident Redefine shareholders willnot be taxable as income and instead will be treated as ordinary dividendsbut which are exempt in terms of the usual dividend exemptions per section10(1)(k) of the Income Tax Act. Any qualifying distributions are subject todividends withholding tax at 20%, unless the rate is reduced in terms of anyapplicable agreement for the avoidance of double taxation (?DTA?) betweenSouth Africa and the country of residence of the shareholder. Assumingdividends withholding tax will be withheld at a rate of 20%, the netdividend amount due to non-resident shareholders is 48.09537 cents pershare. A reduced dividend withholding rate in terms of the applicable DTAmay only be relied upon if the non-resident shareholder has provided thefollowing forms to their CSDP or broker, as the case may be, in respect ofuncertificated shares, or the company,in respect of certificated shares: - a declaration that the dividend is subject to a reduced rate as aresult of the application of a DTA; and - a written undertaking to inform their CSDP, broker or the company, asthe case may be, should the circumstances affecting the reduced rate changeor the beneficial owner cease to be the beneficial owner,both in the form prescribed by the Commissioner for the South AfricanRevenue Service. Non- resident shareholders are advised to contact theirCSDP, broker or the company, as the case may be, to arrange for theabovementioned documents to be submitted prior to payment of the dividend ifsuch documents have not already been submitted, if applicable. Shareholdersare advised that in electing to participate in the share re-investmentalternative, pre-taxation funds are utilised for the purposes and thattaxation will be due on the total cash dividend amount of 60.11921 cents pershare.For more details relating to this REIT distribution please refer to the SENSannouncement issued by REDEFINE PROPERTIES LIMITED on 15/11/2021For further information contact:Standard Bank WarrantsTel 0800 111 780Email: [email protected]Issuer: The Standard Bank of South Africa LimitedSponsor: SBG Securities (Pty) LimitedThis notice should be read together with the Common Terms Document, ConditionsAnnexure and relevant Supplement which collectively record the terms andconditions of the agreement between the Issuer and Warrant holders.Date: 19-11-2021 04:25:00Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.