INVESTORS
Distribution information
Distribution information
From 2018 the Company’s distribution policy is that the Board intends to recommend to shareholders a distribution comprising (1) a fixed $1 billion base distribution and (2) a variable distribution representing a minimum payout of 25% of the free cash flow of the Group’s industrial businesses in the prior financial year. This will usually be payable in two equal instalments.
Every year the Board will review this policy based on prevailing circumstances and determine any distribution payable accordingly.
Distributions are declared and paid in US dollars; however, shareholders on the Jersey (principal) register may elect to receive their distribution payments in pounds sterling, euros or Swiss francs. Shareholders on the Johannesburg register will receive their distributions in South African Rand.
Distributions have from the Company’s IPO in 2011 been effected as a reduction of the Company’s capital contribution reserves and have been paid free of Swiss withholding tax. Shareholders should contact their tax advisor for advice on the tax treatment for them of receipt of a distribution.
Information on distributions on an annual basis is contained in the above tabs.
Information on distributions paid in the present year and in previous years
Please see tabs above.
Distribution enquiries
For all distribution payment queries please contact the Company's registrar at:
Computershare Investor Services (Jersey) Ltd
13 Castle Street
St. Helier
Jersey
Channel Islands JE1 1ES
Shareholder helpline: +44 (0) 870 707 4040
Shareholder fax number: +44 (0) 870 873 5851
Shareholder email: info@computershare.co.je
JSE shareholders
Computershare Investor Services Limited
70 Marshall Street
Johannesburg
South Africa
Tel: +27 861 100 933
www.computershare.com/za/Pages/default.aspx
2020 distribution payments
On 31 March 2020, the Board deferred its decision to proceed with a proposed cash distribution in 2020, amid the prevailing period of exceptional economic uncertainty resulting from Covid-19. The Board has further considered such decision and, in light of the continued uncertain pandemic / economic outlook and in order to support the Group’s overall financial position, has determined that no 2020 distribution will be made.
2019 distribution payments
For 2019 a total distribution of $0.20 per share will be made as approved by shareholders at the AGM on 9 May 2019. This will be payable in two equal parts in accordance with the record dates and timetables set out below:
| Distribution payment date |
Amount (US dollars) paid per share |
|---|---|
| 23 May 2019 (H1) |
0.10 |
| 24 September 2019 (H2) |
0.10 |
Amount to be paid per share for the H1 distribution in other currencies pursuant to listings/elections on 23 May 2019:
| GBP | EUR | CHF | HKD | ZAR |
| 0.076441 |
0.088960 |
0.101490 | 0.784510 |
1.3985 |
Table best viewed in landscape
Amount to be paid per share for the H2 distribution in other currencies pursuant to listings/elections on 24 September 2019:
| GBP | EUR | CHF | HKD | ZAR |
|
0.081004 |
0.090934 | 0.099370 | 0.783910 |
1.5231 |
Table best viewed in landscape
Further details of these distributions are set out at:
2018 distribution payments
For 2018 a total distribution of $0.20 per share will be made as approved by shareholders at the AGM on 2 May 2018. This will be payable in two equal parts in accordance with the record dates and timetables set out below:
| Distribution payment date | Amount (US dollars) paid per share |
|---|---|
| 23 May 2018 (H1) | 0.10 |
| 27 September 2018 (H2) | 0.10 |
Amount to be paid per share for the H1 distribution in other currencies pursuant to listings/elections on 23 May 2018:
| GBP | EUR | CHF | HKD | ZAR |
| 0.073535 | 0.083640 | 0.099840 | 0.784980 | 1.1998 |
Table best viewed in landscape
Amount to be paid per share for the H2 distribution in other currencies pursuant to listings/elections on 27 September 2018:
| GBP | EUR | CHF | HKD | ZAR |
| 0.076787 | 0.086022 | 0.097110 | 0.784880 | 1.41275 |
Table best viewed in landscape
Further details of these distributions are set out at:
2017 distribution payments
| Distribution payment date | Amount (US dollars) paid per share |
|---|---|
| 31 May 2017 | 0.035 |
| 26 September 2017 | 0.035 |
Amount paid per share in other currencies pursuant to listings/elections on 31 May 2017:
| GBP | EUR | CHF | HKD | ZAR |
| 0.026979 | 0.031399 | 0.034265 | 0.272563 | 0.4684 |
Table best viewed in landscape
Amount paid per share in other currencies pursuant to listings/elections on 26 September 2017:
| GBP | EUR | CHF | HKD | ZAR |
| 0.026455 | 0.029370 | 0.033716 | 0.273392 | 0.45448 |
Table best viewed in landscape
Further details of these distributions are set out at:
No distribution was paid in 2016
2015 distribution payments
| Distribution payment date | Amount (US dollars) paid per share |
|---|---|
| 21 May 2015 | 0.12 |
| 29 September 2015 | 0.06 |
Amount paid per share in other currencies pursuant to listings/elections on 21 May 2015:
| GBP | EUR | CHF | HKD | ZAR |
| 0.078084 | 0.107095 | 0.112428 | 0.930132 | 1.427556 |
Table best viewed in landscape
Amount paid per share in other currencies pursuant to listings/elections on 29 September 2015:
| GBP | EUR | CHF | HKD | ZAR |
| 0.03864485 | 0.05302227 | 0.058164 | 0.465006 | 0.7847 |
Table best viewed in landscape
Further details of these distributions are set out at:
2015 Final Distribution Timetable
| Final Distribution | 2015 |
|---|---|
| Applicable exchange rate reference date (Johannesburg Stock Exchange (JSE)) | 9 April |
| Last time to trade on JSE to be recorded in the register for distribution | 17 April |
| Last day to effect removal of shares cum div between Jersey and JSE reg-isters | 17 April |
| Ex-dividend date (JSE) | 20 April |
| Ex-dividend date (HK) | 22 April |
| Ex-dividend date (Jersey) | 23 April |
| Last time for lodging transfers in Hong Kong | 23 April |
| Record date in JSE | Close of business (SA) 24 April |
| Record date in Hong Kong | Opening of business (HK) 24 April |
| Record date in Jersey | Close of business (UK) 24 April |
| Deadline for return of currency elections form (Jersey shareholders) | 27 April |
| Removal of shares between the Jersey and JSE registers permissible from | 28 April |
| Applicable exchange rate reference date (Jersey and Hong Kong) | 30 April |
| Annual General Meeting (shareholder to vote to approve final distribution) | 7 May |
| Payment date | 21 May |
Table best viewed in landscape
2014 distribution payments
| Distribution payment date | Amount (US dollars) paid per share |
|---|---|
| 30 May 2014 | 0.111 |
| 19 September 2014 | 0.06 |
Amount paid per share in other currencies pursuant to listings/elections on 30 May 2014:
| GBP | EUR | CHF | HKD | ZAR |
| 0.06576609 | 0.08122942 | 0.0993006 | 0.860583 | 1.1613375 |
Table best viewed in landscape
Amount paid per share in other currencies pursuant to listings/elections on 19 September 2014:
| GBP | EUR | CHF | HKD | ZAR |
| 0.03715861 | 0.04645041 | 0.056256 | 0.465018 | 0.6423 |
Table best viewed in landscape
Further details of these distributions are set out at:
2013 FINAL DISTRIBUTION TIMETABLE
|
Distribution event |
Date (all 2014) |
|
Announcement of recommended 2013 Final Distribution |
Tuesday 4 March |
|
Applicable exchange rate reference date (Johannesburg Stock Exchange (JSE)) |
Friday 2 May |
|
Last time to trade on JSE to be recorded in the register on record date |
Close of business (SA) Friday 9 May |
|
Last day to effect removal of shares cum div between Jersey and JSE registers |
Friday 9 May |
|
Final Ex-Div date (JSE) |
Monday 12 May |
|
Final Ex-Div Date (Jersey and Hong Kong) |
Wednesday 14 May |
|
Last time for lodging transfers in Hong Kong |
4.30pm Thursday 15 May (HK time) |
|
Final Distribution Record Date in Hong Kong |
Opening of business (HK) Friday 16 May |
|
Final Distribution Record Date for JSE |
Close of business (SA) Friday 16 May |
|
Final Distribution Record Date in Jersey |
Close of business (UK) Friday 16 May |
|
Deadline for return of currency election form (Shareholders on the Jersey register only) |
Monday 19 May |
|
Removal of shares between the Jersey and JSE registers permissible from |
Monday 19 May |
|
Annual General Meeting - Shareholder vote to approve 2013 Final Distribution |
Tuesday 20 May |
|
Applicable exchange rate reference date (Jersey and Hong Kong) |
Wednesday 21 May |
|
Final Distribution payment date |
Friday 30 May |
Dematerialisation and rematerialisation of registered share certificates in South Africa may not be effected during the period from Monday 12 May 2014 to Friday 16 May 2014, both days inclusive.
Distributions will be declared and paid in U.S. dollars, although Shareholders on the Jersey register will be able to elect to receive their distribution payments in Pounds Sterling, Euros or Swiss Francs. Shareholders on the Hong Kong branch register will receive their distributions in Hong Kong dollars. Shareholders on the Johannesburg register will receive their distributions in South African Rand.
2014 INTERIM DISTRIBUTION TIMETABLE
|
Distribution event |
Date (all 2014) |
|
Announcement of 2014 Interim Distribution |
Wednesday 20 August |
|
Applicable exchange rate reference date (JSE) |
Friday 22 August |
|
Last time to trade on JSE to be recorded in the register on record date |
Close of business (SA) Friday 29 August |
|
Last day to effect removal of shares cum div between Jersey and JSE registers |
Friday 29 August |
|
Interim Ex-Div date (JSE) |
Monday 1 September |
|
Interim Ex-Div Date (Jersey and Hong Kong) |
Wednesday 3 September |
|
Last time for lodging transfers in Hong Kong |
4.30pm Thursday 4 September (HK time) |
|
Interim Distribution Record Date in Hong Kong |
Opening of business (HK) Friday 5 September |
|
Interim Distribution Record Date for JSE |
Close of business (SA) Friday 5 September |
|
Interim Distribution Record Date in Jersey |
Close of business (UK) Friday 5 September |
|
Deadline for return of currency election form (Shareholders on Jersey Register only) |
Monday 8 September |
|
Removal of shares between the Jersey and JSE registers permissible from |
Monday 8 September |
|
Applicable exchange rate reference date (Jersey and Hong Kong) |
Wednesday 10 September |
|
Interim Distribution payment date |
Friday 19 September |
Dematerialisation and rematerialisation of registered share certificates in South Africa may not be effected during the period from Monday 1 September 2014 to Friday 5 September 2014, both days inclusive.
Distributions will be declared and paid in U.S. dollars, although Shareholders on the Jersey register will be able to elect to receive their distribution payments in Pounds Sterling, Euros or Swiss Francs. Shareholders on the Hong Kong branch register will receive their distributions in Hong Kong dollars. Shareholders on the Johannesburg register will receive their distributions in South African Rand.
Table best viewed in landscape
2013 distribution payments
| Distribution payment date | Amount (US dollars) paid per share |
|---|---|
| 7 June 2013 | 0.1035 |
| 12 September 2013 | 0.054 |
Amount paid per share in other currencies pursuant to listings/elections on 7 June 2013:
| GBP | EUR | CHF | HKD |
| 0.06826726 | 0.07986111 | 0.0993186 | 0.8034498 |
Table best viewed in landscape
Amount paid per share in other currencies pursuant to listings/elections on 12 September 2013:
| GBP | EUR | CHF | HKD |
| 0.03463759 | 0.04116167 | 0.0510192 | 0.41880780 |
Table best viewed in landscape
Further details of these distributions are set out at:
2013 Distribution Timetables
| Final Distribution | 2013 |
|---|---|
| Annual General Meeting | 16 May |
| Ex-dividend date (UK and Hong Kong) | 22 May |
| Last time for lodging transfers in Hong Kong | 4:30 pm (HK) 24 May |
| Record date in Hong Kong | Opening of business (HK) 24 May |
| Record date in UK | Close of business (UK) 24 May |
| Deadline for return of currency election form (Jersey shareholders) | 28 May |
| Applicable exchange rate date | 31 May |
| Payment date | 7 June |
Table best viewed in landscape
| Interim Distribution | 2013 |
|---|---|
| Announcement of 2013 Interim Dividend | Tuesday 20 August |
| Interim Dividend Ex-Div Date (UK and Hong Kong) | Wednesday 28 August |
| Last time for lodging transfers in Hong Kong | 4.30pm Thursday 29 August (HK time) |
| Interim Dividend Record Date in Hong Kong | Opening of business (HK) Friday 30 August |
| Interim Dividend Record Date in UK | Close of business (UK) Friday 30 August |
| Deadline for return of currency election form (Jersey shareholders) | Friday 30 August |
| Applicable exchange rate date | Thursday 5 September |
| Payment date | Thursday 12 September |
Table best viewed in landscape
2012 distribution payments
| Distribution payment date | Amount (US dollars) paid per share |
|---|---|
| 1 June 2012 | 0.10 |
| 13 September 2012 | 0.054 |
Amount paid per share in other currencies pursuant to listings/elections on 1 June 2012:
| GBP | EUR | CHF | HKD |
| 0.06395497 | 0.07992327 | 0.096 | 0.77625 |
Table best viewed in landscape
Amount paid per share in other currencies pursuant to listings/elections on 13 September 2012:
| GBP | EUR | CHF | HKD |
| 0.03369314 | 0.04218420 | 0.050976 | 0.4188132 |
Table best viewed in landscape
Further details of these distributions are set out at:
2012 Distribution Timetables
| Final Distribution | 2012 |
|---|---|
| Announcement of 2011 Final Dividend | Monday 5 March |
| Final Dividend Ex-Div Date (UK and Hong Kong) | Wednesday 16 May |
| Last time for lodging transfers in Hong Kong | 4.30pm Thursday 17 May (HK time) |
| Final Dividend Record Date in Hong Kong Opening of business (HK) | Friday 18 May |
| Final Dividend Record Date in UK | Close of business (UK) Friday 18 May |
| Deadline for return of currency election form (Jersey shareholders) | Monday 21 May |
| Applicable exchange rate date | Friday 25 May |
| Payment date | Friday 1 June |
Table best viewed in landscape
| Interim Distribution | 2012 |
|---|---|
| Announcement of 2012 Interim Dividend | Tuesday 21 August |
| Ex-dividend date (UK and Hong Kong) | 29 August |
| Last time for lodging transfers in Hong Kong | 4:30 pm (HK) 30 August |
| Interim dividend record date in Hong Kong | Opening of business (HK) 31 August |
| Interim dividend record date in UK | Close of business (UK) 31 August |
| Deadline for return of currency election form (Jersey shareholders) | 3 September |
| Applicable exchange rate date | 7 September |
| Payment date | 13 September |
Table best viewed in landscape
2011 Distribution payment
| Distribution payment date | Amount (US dollars) paid per share |
|---|---|
| 30 September 2011 | 0.05 |
Amount paid per share in other currencies pursuant to listings/elections:
| GBP | EUR | CHF | HKD |
| 0.03238761 | 0.03698498 | 0.045145 | 0.39004 |
Table best viewed in landscape
Further details of this distribution are set out at:
2011 Interim Distribution Timetable
| Interim Distribution | 2011 |
|---|---|
| Ex-dividend date (UK and Hong Kong) | 7 September |
| Last time for lodging transfers in Hong Kong | 4:30 pm (HK) 8 September |
| Interim dividend record date in Hong Kong | Opening of business (HK) 9 September 2011 |
| Interim dividend record date in UK | Close of business (UK) 9 September 2011 |
| Deadline for return of currency election form (Jersey shareholders) | 12 September |
| Applicable exchange rate date | 23 September |
| Payment date | 30 September |
Table best viewed in landscape