Currency Conversion to Rand
South32 Limited
(Incorporated in Australia under the Corporations Act 2001 (Cth))
(ACN 093 732 597)
ASX / LSE / JSE Share Code: S32; ADR: SOUHY
ISIN: AU000000S320
south32.net
CURRENCY CONVERSION TO RAND
South32 Limited (ASX, LSE, JSE: S32; ADR: SOUY) (South32) announced on 17 February 2022 that the Board resolved to
pay an interim dividend of US 8.7 cents per share (fully franked) for the half year ended 31 December 2021. The dividend
payment date is 7 April 2022. The US cent currency exchange rate applicable to the dividend payable in South African
cents, to shareholders on the South African branch register on the Record Date, is:
Gross dividend per ordinary Net dividend per ordinary
Dividend Exchange rate
share in South African Cents share in South African Cents
Interim dividend 15.33250 133.39275 106.71420
The currency exchange rate is the volume weighted average price achieved on foreign exchange trades executed over
the period 28 February 2022 to 4 March 2022.
The exchange rate applicable to the South32 dividend being paid in other currencies will be determined over the period
28 February 2022 to 16 March 2022. Details of the currency exchange rates applicable for the dividend will be
announced to the relevant stock exchanges.
South32 shareholders registered on the South African branch register will not be able to dematerialise or rematerialise
their shareholdings between 9 March 2022 and 11 March 2022 (both dates inclusive), nor will transfers to or from the
South African branch register be permitted between 3 March 2022 and 11 March 2022 (both dates inclusive).
1. South African dividend tax of 26.67855 South African cents per ordinary share will be withheld from the amount of
the gross interim dividend of 133.39275 South African cents per ordinary share paid to shareholders on the South
African branch register at the rate of 20% unless a shareholder qualifies for an exemption.
2. After the South African dividend tax has been withheld, the net dividend will be 106.71420 South African cents per
ordinary share.
3. Australia is the country of source of income, the dividend is regarded as ‘foreign’ for the purposes of South African
dividends tax.
4. South32 had a total of 4,649,930,753 ordinary shares on issue at the dividend determination date of 17 February
2022.
5. The dividend will be paid out of retained earnings.
6. For the avoidance of doubt, South African dividend tax, and therefore the information provided in this
announcement, is of only direct application to shareholders on the South African branch register.
Registered Office Level 35 108 St Georges Terrace Perth WA 6000 Australia
ABN 84 093 732 597 Registered in Australia 1
Shareholders on the South African branch register should direct any questions regarding the application of the South
African dividend tax to Computershare Investor Services online at www.computershare.com/za or by calling +27 (0) 86
110 0950.
Holders of shares dematerialised into STRATE should contact their Central Security Depository Participant (CSDP) or
stockbroker.
For further dividend information, contact Computershare on smart number 0861 100 950 or visit our website
(www.south32.net).
About South32
South32 is a globally diversified mining and metals company. Our purpose is to make a difference by developing
natural resources, improving people’s lives now and for generations to come. We are trusted by our owners and
partners to realise the potential of their resources. We produce commodities including bauxite, alumina, aluminium,
copper, silver, lead, zinc, nickel, metallurgical coal and manganese from our operations in Australia, Southern Africa
and South America. With a focus on growing our base metals exposure, we also have two development options in
North America and several partnerships with junior explorers around the world.
Dividend timetable
Announce currency conversion into Rand 4 March 2022
Last day to trade cum dividend on the Johannesburg Stock Exchange (JSE) 8 March 2022
Ex-dividend date on the JSE 9 March 2022
Ex-dividend date on the ASX and London Stock Exchange (LSE) 10 March 2022
Record date (including currency election date for ASX) 11 March 2022
Payment date 7 April 2022
Further Information
Investor Relations
Alex Volante Tom Gallop
T +61 8 9324 9029 T +61 8 9324 9030
M +61 403 328 408 M +61 439 353 948
E [email protected] E [email protected]
Media Relations
Jamie Macdonald Miles Godfrey
T +61 8 9324 9000 T +61 8 9324 9000
M +61 408 925 140 M +61 415 325 906
E [email protected] E [email protected]
Further information on South32 can be found at www.south32.net.
JSE Sponsor: The Standard Bank of South Africa Limited
4 March 2022
2
Date: 04-03-2022 08:35:00
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