DividendThe Annual General Meeting, held on 13 September 2007, declared an ordinary dividend of
€ 0.65 per unit, an increase of 8 per cent over the prior year’s level. In addition, the meeting declared that a special dividend of € 0.60 should be paid to unitholders. The total gross dividend thus amounts to € 1.25 per unit (2006: € 1.10 per unit). Withholding tax is payable on the proposed dividend paid by Compagnie Financière Richemont SA, Switzerland as detailed in the table below. The dividends were paid as follows:
‘A' unit dividend: Monday, 17 September 2007
South African Depository Receipt dividend: Friday, 28 September 2007
The dividend in respect of Richemont ‘A’ units was paid in euros.
The South African Depository Receipt dividend is payable in rand to residents of the South African Common Monetary Area (‘CMA’) but may, dependent upon status, be payable in euros to non-CMA residents. The exchange rate applicable for the conversion of euros to rand for payment of the dividend is ZAR 9.8149: euro 1.
Dividend and unit enquiries / annual reports
Mr Matthew Kilgarriff Company Secretary Tel: +41 (0) 22 721 35 00 Fax: +41 (0) 22 721 35 50 |
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