Notice of dividend currency exchange rate

Bytes Technology Group PLC

03 July 2023

 

3 July 2023

Bytes Technology Group plc

('the Company')

Notice of dividend currency exchange rate

Shareholders on the South African register of the Company are referred to the announcement released on 23 May 2023 with regard to the financial results for the full year ended 28 February 2023 and proposal by the Board of a gross final and special dividend from retained earnings of 5.1 pence per share and 7.5 pence per share, respectively.

If approved by shareholders at the Company's Annual General Meeting on Wednesday, 12 July 2023, the final and special dividends will be payable on Friday, 4 August 2023 to all ordinary shareholders who are registered as such at the close of business on the record date, Friday, 21 July 2023. 

Shareholders on the South African register will be paid the ZAR cash equivalent as follows:

-    Final dividend of 121.16019 cents per share (96.92815 cents per share net of dividend withholding tax).

-    Special dividend of 178.17675 cents per share (142.54140 cents per share net of dividend withholding tax).

Dividend withholding tax of 20% will be applicable to all shareholders on the South African register who are not exempt therefrom. The ZAR cash equivalent has been calculated using the following exchange rate: GBP1: ZAR23.75690 being the GBP/ZAR exchange rate on Monday, 3 July 2023 at 09:00 (BST).

Enquiries

WK Groenewald	Tel: [phone]
Group Company Secretary
Bytes Technology Group plc

The Company has a primary listing on the Main Market of the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange.

 

END