02 Sep - 2 min read

Fraction rate announcement

Fraction rate announcement

(Incorporated in the Republic of Mauritius on 14 August 2014)
(Registration number: C124756 C1/GBL)
SEM share code: GFP.N0000
JSE share code: LTE
ISIN: MU0461N00015
LEI: 549300UG27SWRF0X2U62
("Lighthouse" or the "Company")


Lighthouse shareholders are referred to the distribution announcement of Thursday, 5 August 2021 and the circular
distributed to shareholders on Tuesday, 10 August 2021, wherein shareholders were advised that the Board had approved
an interim scrip distribution of 1.61000 EUR cents per Lighthouse share in respect of the 6 months ended 30 June 2021
("Scrip Distribution"), with an alternative cash distribution option ("Cash Distribution") of 1.44900 EUR cents per
Lighthouse share, which Cash Distribution represents a 10% discount to the Scrip Distribution of 1.61000 EUR cents per
Lighthouse share.

The allocation of new Lighthouse shares will be such that shareholders receiving the Scrip Distribution will not be
allocated a fraction of a new Lighthouse share and as such any entitlement to receive a fraction of a new Lighthouse share
will be rounded down to the nearest whole number and a cash payment will be made for the fraction.

The fraction rate has been calculated as the volume weighted average price of a Lighthouse share traded on the JSE and
the SEM on Wednesday, 1 September 2021 (being the day on which the Lighthouse share began trading "ex" the
entitlement to receive the distribution) as EUR0.49948/ZAR8.51795 discounted by 10%. The net fraction rate paid will
be EUR0.44953/ZAR7.66616 per share.

Lighthouse has primary listings on both the Official Market of the Stock Exchange of Mauritius Ltd ("SEM") and the
Main Board of the Johannesburg Stock Exchange Limited ("JSE").

By order of the Board

2 September 2021

                                           SEM authorised representative
            JSE sponsor                             and sponsor                           Company Secretary
           Java Capital                          Perigeum Capital                     Intercontinental Trust Ltd
       Tel: +27 11 722 3050                     Tel: +230 402 0890                       Tel: +230 403 0800

This notice is issued pursuant to SEM Listing Rule 11.3 and Rule 5(1) of the Securities (Disclosure Obligations of
Reporting Issuers) Rules 2007. The Board accepts full responsibility for the accuracy of the information in this

Date: 02-09-2021 11:15:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.
Information on this Website is provided for general information purposes only and is not a substitute for professional advice. ASX Information (including company announcements and prices) is delayed by at least 20 minutes. JSE Information (including company announcements and prices) is delayed by at least 15 minutes. Reliance on the information you access on or from this Website is solely at your own risk. We make no representation or warranty in relation to the future performance of the companies that appear on this Website. Investment in securities involves risk and you should obtain independent professional legal, financial, investment or company advice before acting on any of the information you access on this Website. Using, browsing or otherwise accessing this Website is subject to our Terms and Conditions and our Privacy Policy.

© 2021 Listcorp. ABN 60 166 140 307

Never miss news from Lighthouse Capital Limited (JSE:LTE) when you join Listcorp.