Shareholder Centre: PRESCIENT SHARE TRADE MECHANISM
Prescient Holdings (Pty) Ltd (“Prescient”) is a multinational financial services business.
The Shareholder Centre provides summary information on the Prescient Share Trade Mechanism. For investor queries, or a full copy of the rules of the Share Trade Mechanism, please contact our Company Secretary, Nadia Galloway via email on stm@prescient.co.za.
Prescient Share Trade Mechanism (STM)
The STM facilitates a mechanism for trading of Prescient Shares.
Investors wishing to sell or purchase Prescient Shares need to submit the required forms to Prescient during the stipulated trading dates below.
During each Trading Closed Period, Prescient will match compatible offers to sell and offers to purchase in accordance with the STM Rules. In the event where an order is not matched, such order is automatically carried over and eligible for the next Trading Period. Orders consequently remain open until it is matched or cancelled.
Trading of Prescient Shares through the STM will only be permissible between investors who have a Prescient Securities Stock Broking Account opened in the person’s or entity’s own name, or in the name of a nominee of such person or entity. Please contact Prescient Securities (Pty) Ltd on psecfinance@prescient.co.za to obtain the necessary forms in order to open your Prescient Securities Account.
The STM is open for orders between the 2nd Monday of the month and the 1st Monday of the next month. No orders are admissible during the Trading Closed Period. See Trading Dates definitions below.
Trading Dates
"Trade Closing Date" means 08h00 on the first Monday of each calendar month.
"Trade Opening Date" means 08h00 on the second Monday of each calendar month.
"Trading Closed Period" means the period from each Trade Closing Date until the following Trade Opening Date, during which period Offers to Purchase and Offers to Sell shall be rejected by the Administrator.
"Trading Period" means the period from each Trade Opening Date until the following Trade Closing Date, during which period Offers to Purchase and Offers to Sell may be submitted to the Administrator.
Dividend Information
A dividend of 4.03 ZAR cents (gross) was declared on 17 November 2023, and paid on 11 December 2023.
A dividend of 1.23 cents (gross) was declared on 17 November 2023, and paid on 11 December 2023.
A dividend of 3.63 ZAR cents (gross) was declared on 2 June 2023, and paid on 12 June 2023.
A dividend of 1.66 cents (gross) was declared on 2 June 2023, and paid on 12 June 2023.
A dividend of 2.64 ZAR cents (gross) was declared on 18 November 2022, and paid on 5 December 2022.
A dividend of 3.08 ZAR cents (gross) was declared on 3 June 2022, and paid on 20 June 2022.
A dividend of 3.66 ZAR cents (gross) was declared on 19 November 2021, and paid on 6 December 2021.
A dividend of 3.35 ZAR cents (gross) was declared on 4 June 2021, and paid on 28 June 2021.
Securities Transfer Tax (STT)
STT is payable by the purchaser at 0.25% on the fair value of shares.
