Business
DIVIDEND CURRENCY CONVERSION ANNOUNCEMENT
CANAL+ SA has announced the dividend currency conversion for its 2025 Final Dividend of 2.2 euro cents per ordinary share, totaling approximately €21,572,127.66. This dividend, payable on June 15, 2026, will be paid from €10,631,582.31 of retained earnings and €10,940,545.35 from share premiums. For shareholders on the South African branch register, the dividend will be converted at EUR1 to ZAR18.96928, resulting in 20.56736 South African cents per share gross. The announcement details French and South African tax implications, including a 25% French withholding tax on the dividend portion and a 20% South African dividend tax, with potential rebates and exemptions available. Disclaimer*
About this update from Canal+ Sa
CANAL+ SA (Incorporated and registered in France) Identification number: 835 150 434 ISIN: FR001400T0D6 LEI number: 9695000537F9F73BXN18 LSE share code: CAN JSE share code: CNP ("CANAL+" or the "Company") CANAL+ SA Dividend Currency Conversion Announcement Issy-les-Moulineaux, 8 June 2026 CANAL+, the global media and entertainment company, refers shareholders to the pre-listing announcement published on SENS on 12 May 2026, wherein shareholders were advised of the proposed dividend payment, announced on 11 March 2026 by the CANAL+ Management Board (as approved by the CANAL+ Supervisory Board) of 2.2 euro cents per CANAL+ ordinary share (representing a total distribution of c. € 21,572,127.66 based on the number of shares entitled to dividend as of 31 December 2025) (2025 Final Dividend). The 2025 Final Dividend will be paid as follows: · €10,631,582.31 from retained earnings; and · €10,940,545.35 from distributable share premiums. As at 11 March 2026, being the 2025 Final Dividend declaration date, the Company had a total of 991,959,494 ordinary shares in issue, including 11,408,237 ordinary shares held in treasury. The 2025 Final Dividend will be payable on Monday, 15 June 2026 to shareholders registered on the London Stock Exchange and South African branch register on Friday, 12 June 2026. The following information in respect of shareholders holding their shares on the South African branch register is provided in accordance with the JSE Listings Requirements. The salient dates and other dividend declaration information announced on 12 May 2026 remain unchanged for the 2025 Final Dividend. South Africa Branch Register: Dividends Tax Information French tax implications According to French tax law, the 2025 Final Dividend of € 21,572,127.66 (i.e. 2.2 euro cents per CANAL+ ordinary share) will comprise of the following: · return of share premium for € 10,940,545.35 (i.e. 1.11575 euro cents per CANAL+ ordinary share), which is not qualified as an income and, therefore, is not subject to dividends withholding tax; and · dividends for €10,631,582.31 (i.e. 1.08425 euro cents per CANAL+ ordinary share). Dividends paid to non-French tax resi...