SMS Management & Technology : Dividend / Distribution - SMX

Notification of dividend / distribution

Announcement Summary

Entity name

SMS MANAGEMENT & TECHNOLOGY LIMITED.

Security on which the Distribution will be paid

SMX - ORDINARY FULLY PAID

Announcement Type

New announcement

Date of this announcement

Friday September 1, 2017

Distribution Amount

AUD 0.10200000

Ex Date

Friday September 8, 2017

Record Date

Monday September 11, 2017

Payment Date

Monday September 18, 2017

Additional Information

Payment of fully franked special dividend subject to Scheme becoming Effective (expected 7 September)

Refer to below for full details of the announcement

Announcement Details

Part 1 - Entity and announcement details

1. Name of +Entity

   SMS MANAGEMENT & TECHNOLOGY LIMITED.

   Registration Number

   49009558865

2. Registered Number Type

   ABN

3. ASX issuer code

   SMX

4. The announcement is

   New announcement

5. Date of this announcement

   Friday September 1, 2017

6. ASX +Security Code

SMX

ASX +Security Description

ORDINARY FULLY PAID

Part 2A - All dividends/distributions basic details

2A.1 Type of dividend/distribution

Special

2A.2 The Dividend/distribution:

does not relate to a specific period within the financial year in which it was paid

2A.4 +Record Date

Monday September 11, 2017

2A.5 Ex Date

Friday September 8, 2017

2A.6 Payment Date

Monday September 18, 2017

2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable?

Security holder approval Court approval

Lodgement of court order with +ASIC ACCC approval

FIRB approval

Another approval/condition external to the entity required before business day 0 of the timetable for the dividend/distribution.

No

2A.8 Currency in which the dividend/distribution is made ("primary currency")

AUD - Australian Dollar

2A.9 Total dividend/distribution payment amount per +security (in primary currency) for all dividends/distributions notified in this form

AUD 0.10200000

2A.10 Does the entity have arrangements relating to the currency in which the dividend/distribution is paid to securityholders that it wishes to disclose to the market?

No

2A.11 Does the entity have a securities plan for dividends/distributions on this +security?

We do not have a securities plan for dividends/distributions on this security

2A.12 Does the +entity have tax component information apart from franking?

No

Part 3B - Special dividend/distribution

3B.1 Is the special dividend/distribution estimated at this time?

No

3B.1b Special dividend/distribution amount per

+security

AUD 0.10200000

3B.2 Is special dividend/distribution franked?

Yes

3B.3 Percentage of special dividend/distribution that is franked

100.0000 %

3B.4 Special dividend/distribution franked amount per +security

AUD 0.10200000

3B.1a Special dividend/distribution estimated amount per +security

AUD

3B.2a Is the special dividend/distribution fully franked?

Yes

3B.3a Applicable corporate tax rate for franking credit (%)

30.0000 %

3B.5 Percentage of special dividend/distribution that is unfranked

0.0000 %

3B.6 Special dividend/distribution unfranked amount per +security excluding conduit foreign income amount

AUD 0.00000000

3B.7 Special dividend/distribution conduit foreign income amount per +security

AUD 0.00000000

Part 5 - Further information

1. Please provide any further information applicable to this dividend/distribution

   Payment of the special dividend is subject to the Scheme becoming Effective which requires the approval of the Supreme Court of Victoria and lodgement of the Court's orders with the Australian Securities and Investments Commission. The Scheme is expected to become effective on 7 September 2017

2. Additional information for inclusion in the Announcement Summary

Payment of fully franked special dividend subject to Scheme becoming Effective (expected 7 September)