Combined Motor Holdings Limited announced that a dividend (dividend number 69) of 240 cents per share will be paid on 19 June 2023 to members reflected in the share register of the company at the close of business on the record date, 15 June 2023. Last day to trade cum dividend is 12 June 2023. First day to trade ex dividend is 13 June 2023.

Share certificates may not be dematerialised or rematerialised from 13 June 2023 to 15 June 2023, both days inclusive. The number of ordinary shares in issue at the date of the declaration is 74 801 998. Consequently, the gross dividend payable is BRL 179,524,795 and will be distributed from income reserves.

The dividend will be subject to dividend withholding tax at a rate of 20%, which will result in a net dividend of 192 cents to those shareholders who are not exempt in terms of section 64F of the Income Tax Act.