RDI announces an interim dividend of 5.0pence per share

DividendMax Ltd.

RDI announces an interim dividend of 5.0pence per share

The RDI board of directors of the Company has approved an interim dividend (the "cash dividend") of 5.0 pence per share in respect of the year ended 31 August 2020. 

The dividend will be paid as a property income distribution ("PID") and is subject to a deduction of 20% UK withholding tax unless exemptions apply. 

Shareholders on the South African ("SA") share register will receive the cash dividend in Rand, based on a GBP to Rand conversion rate to be announced on or before 24 November 2020 (the "conversion rate"). 

The cash dividend will be paid out of the Company's distributable profits. 

As at the date of this announcement, the Company has 380 315 623 ordinary shares of 40 pence each in issue.

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