Dividend declaration

In line with the Group dividend policy, the directors have declared an interim gross cash dividend of 227 cents (181,6000 cents net of dividend withholding tax, where applicable) per ordinary share for the six months ended 31 December 2016. The interim dividend is not comparable to the prior year interim dividend, which was declared as part of the larger Bidvest Group, prior to the unbundling of the foodservice businesses.

The dividend has been declared from income reserves. A dividend withholding tax of 20% will be applicable to all shareholders who are not exempt.

  Share code   BVT
  ISIN   ZAE000117321
  Company registration number   1946/021180/06
  Company tax reference number   9550162714
  Gross cash dividend amount per share   227
  Net dividend amount per share   181,6000
  Issued shares at declaration date   335 404 212
  Declaration date   Monday, 27 February 2017
  Last day to trade cum dividend   Tuesday, 14 March 2017
  First day to trade ex dividend   Wednesday, 15 March 2017
  Record date   Friday, 17 March 2017
  Payment date   Monday, 20 March 2017

Share certificates may not be dematerialised or rematerialised between Wednesday, 15 March 2017, and Friday, 17 March 2017, both days inclusive.

For and on behalf of the board

CA Brighten
Company secretary


27 February 2017