Dividend Information

Shaftesbury Capital PLC paid an interim cash dividend of 1.5 pence per ordinary share (ISIN GB00B62G9D36) on 18 September 2023.

Dates

The following were the salient dates for the payment of the interim cash dividend:

• Thursday, 3 August 2023 - Interim cash dividend announced
• Monday, 14 August 2023 - Sterling/Rand exchange rate struck
• Tuesday, 15 August 2023 - Sterling/Rand exchange rate and dividend amount in Rand announced
• Wednesday, 23 August 2023 - Ordinary shares listed ex-dividend on the JSE, Johannesburg
• Thursday, 24 August 2023 - Ordinary shares listed ex-dividend on the London Stock Exchange
• Friday, 25 August 2023 - Record date for interim dividend in London and Johannesburg
• Monday, 18 September 2023 - Dividend payment date for shareholders

South African shareholders should note that, in accordance with the requirements of Strate, the last day to trade cum-dividend was Tuesday, 22 August 2023 and that no dematerialisation or rematerialisation of shares was possible from Wednesday 23 August 2023 to Friday 25 August 2023 inclusive. No transfers between the UK and South African registers were able to take place from close of business on 15 August 2023 to 25 August 2023 inclusive.

The interim cash dividend was paid wholly as an ordinary dividend (Non-PID). There was no PID element of the interim cash dividend. As such, the entire interim cash dividend should be treated as an ordinary UK company dividend and no element of the interim cash dividend is subject to a deduction of 20 per cent UK withholding tax.

Information for shareholders

The information below is included only as a general guide to taxation for shareholders based on Shaftesbury Capital's understanding of the law and the practice currently in force. Any shareholder who is in any doubt as to their tax position should seek independent professional advice.

UK shareholders

There was no PID element of the interim cash dividend. The entire interim cash dividend was paid as an ordinary dividend (Non-PID) and therefore treated as an ordinary UK company dividend.

South African shareholders

The interim cash dividend paid by the Company is a foreign payment and the funds are sourced from the UK.

PIDs: There was no PID element of the interim cash dividend.

Non-PID: The entire interim cash dividend was paid as an ordinary UK dividend (Non-PID), and as such the entire interim cash dividend is exempt from income tax but will constitute a dividend for SA Dividends Tax purposes, as it is declared in respect of a share listed on the exchange operated by the JSE. SA Dividends Tax was therefore withheld from the entire interim cash dividend at a rate of 20 per cent, unless a shareholder qualified for an exemption and the prescribed requirements for effecting the exemption were in place by the requisite date.

Additional information on PIDs and ordinary dividends (Non-PIDs) can be found here.

Information about Shaftesbury Capital PLC’s dividends can be found below:

*For further details related to the split (per ordinary share) of the PID and ordinary dividend (Non-PID) elements of any dividend (as applicable) and withholding taxes please refer to the exchange rate announcement released by the Company ahead of the dividend payment date. Such announcements are accessible here. 

Dividends Paid Directly to your Bank Account

If you wish to have your dividends paid directly to your bank or building society, please complete a dividend payment mandate form which is available from the appropriate registrar. The registrars contact details are available here.

Information on dividends paid to Capital & Counties Properties PLC shareholders up to 20 March 2023 can be found below.

*For further details related to the split (per ordinary share) of the PID and Non-PID elements of any dividend (as applicable) and withholding taxes please refer to the exchange rate announcement released by the Company ahead of the dividend payment date. Such announcements are accessible here.

** As a result of the UK bank holiday announced for Her Majesty Queen Elizabeth II's State Funeral, the payment date for the 2022 interim dividend is 19 September 2022 for shareholders who hold their shares on the South Africa register, and 20 September 2022 for shareholders who hold their shares on the UK register.

Scrip Dividend Scheme

The Capital & Counties Properties PLC 2020 Scrip Dividend Scheme was approved by shareholders at the 2020 Annual General Meeting. Further information on the Scrip Dividend Scheme is contained in the 2020 Scrip Dividend Scheme Booklet, which can be downloaded below.

Scrip Dividend Scheme Booklet 2020

Previous documents relating to the Scrip Dividend Scheme

The 2017 Scrip Dividend Scheme, which was approved by shareholders at the 2017 Annual General Meeting, applied to scrip dividends from the 2017 interim dividend to the 2019 final dividend. The 2017 Scrip Dividend Scheme Booklet, plus additional older notices, can be downloaded below. Please note that references made within the Scrip Dividend Booklet to Capita Asset Services should now be read as Link Group.

Scrip Dividend Scheme Booklet 2017

Supplemental Notice - 1 April 2014

Supplemental Notice - 22 February 2013

Supplemental Notice - 14th August 2012

Supplemental Notice - 16 May 2012

Scrip Dividend Announcements

All past Scrip Dividend announcements for the Company can be accessed here.

Information on dividends paid to Shaftesbury PLC shareholders up to 15 February 2023 can be found below.