Declaration of dividend number 08 for the twelve months ended 30 June 2024
CHOPPIES ENTERPRISES LIMITED
Registration number BW00001142508
ISIN: BW0000001072
BSE SHARE CODE: CHOP-EQO
JSE SHARE CODE: CHP
Tax Reference Number: C08710401018
("Choppies" or "Company")
DECLARATION OF DIVIDEND NUMBER 08 FOR THE TWELVE MONTHS ENDED 30 JUNE 2024
An interim cash dividend (number 07) of 1.6 thebe per share was paid on 16 April 2024. The board has
declared a final dividend (number 08) of 1.4 thebe per share, payable on 28 October 2024, thus bringing the
total dividend for the year to 3.0 thebe (2023: Nil thebe) per ordinary share.
In accordance with the Company's dividend policy, a dividend cover of three will be maintained. The dividend
has been declared out of income reserves.
The salient dates and tax implication in respect of shareholders registered on the BSE are detailed below:
2024
Last day to trade cum dividend Tuesday, 15 October
Trading ex-dividend commences Wednesday, 16 October
Record date Friday, 18 October
Dividend payment date Monday, 28 October
In terms of the Dividends Tax, the following additional information is disclosed:
1. The local Dividend Tax rate is 10%.
2. The net local dividend amount is 1.4 thebe per share for shareholders exempt from paying Dividends Tax
and 1.26 thebe per share for shareholders liable to pay Dividends Tax.
3. The issued ordinary share capital of the company as at the date of this declaration is 1 824 461 674
ordinary shares.
The salient dates in respect of shareholders registered on the Johannesburg Stock Exchange ("JSE") are
detailed below:
2024
Currency determination date Tuesday, 01 October
Currency conversion rates announced (Finalisation announcement) Wednesday, 02 October
Last day to trade cum dividend Tuesday, 15 October
Trading ex-dividend commences Wednesday, 16 October
Record date Friday, 18 October
Dividend payment date Monday, 28 October
The South African register will be closed for the purposes of dematerialisation and rematerialisation from
Wednesday, 16 October 2024 to Friday, 18 October 2024, both dates inclusive, and for transfers between
the South African register and the Botswana register between Wednesday, 02 October 2024 and Friday, 18
October 2024, both dates inclusive.
The exchange rate applicable for the conversion of Pula (BWP) to ZAR and tax implications for payment to
shareholders on the South African register will be confirmed in a separate announcement to be released on
SENS on Wednesday, 02 October 2024, being the finalisation date. In respect of shareholders registered on
the JSE, the dividends payable are subject to withholding tax as required under the South African Income
Tax Act.
This dividend is treated as a foreign dividend. The source of funds is Botswana.
The Company has a primary listing on the BSE and a secondary listing on the JSE.
25 September 2024
BSE Sponsoring Broker JSE Sponsor
Motswedi Securities (Pty) Ltd PSG Capital
Date: 25-09-2024 03:30:00
Produced 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.