The Johannesburg Stock Exchange (JSE) has launched a web site for South Africans to examine if they’re owed any cash for unclaimed dividends.
The inventory change has launched its new ‘Claim It’ marketing campaign, urging South Africans to examine of they’re potential shareholders owed a portion of the R4.5 billion in unclaimed dividends.
The Claim It initiative is a collaborative effort between the JSE and 19 of the most important firms listed on the JSE.
It will endeavour to reunite practically 375 000 former workers, shareholders or beneficiaries of deceased estates with their unclaimed funds.
Difficult to confirm beneficiaries
There are numerous components that contribute to folks not understanding that they’ve unclaimed dividends owed to them.
These embrace folks altering jobs, shifting properties to a brand new tackle or updating banking data with out notifying listed firms.
This, in flip, has made it troublesome to confirm beneficiaries, delaying the distribution of unclaimed funds.
The Claim It verification course of for figuring out if an individual is owed unclaimed dividends is simple.
- South Africans can go to the JSE web site on www.jse.co.za/claimit and full the net kind or
- Contact the JSE Claim It name centre on 0861 401 105 to search out out if they’re entitled to unclaimed dividends.
The paperwork which might be required for the verification course of are:
- A legitimate South African ID
- Current contact data, resembling a cellphone and landline quantity in addition to an e-mail tackle
- Proof of tackle
The JSE will then confirm whether or not the small print offered correlate with these of the shareholders within the registries.
The 19 listed firms that the JSE has joined forces with to reconnect South Africans with their dividends are:
- African Media Entertainment Ltd
- Finbond Group Ltd
- Wilson Bayly Holmes-Ovcon Ltd
- YeboYethu
- Advtech Ltd
- Cashbuild Ltd
- Super Group Ltd
- Naspers Ltd
- Mpact Ltd
- JSE Ltd
- Reunert Ltd
- Merafe Resources Ltd
- Northam Platinum Holdings Ltd
- Growthpoint Properties Ltd
- Old Mutual Ltd
- Sasol Ltd
- Sasol SA Ltd / Khanyisa
- Quilter PLC
- Sasol Inzalo
To additional drive consciousness, the JSE has appointed Bafana Bafana legend Lucas Radebe as an envoy of the marketing campaign.
Radebe is one in all South Africa’s most revered and trusted sports activities figures, identified for his legendary soccer profession, charitable work and repute as an icon of inclusivity, and embodies the values of belief and integrity which might be central to this initiative.
ABOUT THE JSE
The Johannesburg Stock Exchange (JSE) has a well-established historical past of working as a market for buying and selling monetary merchandise. It is a pioneering, globally related change group that allows inclusive financial progress via trusted, world-class, socially accountable merchandise, and companies for the investor of the long run. It gives safe and environment friendly major and secondary capital markets throughout a various vary of securities, spanning equities, derivatives, and debt markets. It prides itself on being the market of alternative for native and worldwide traders trying to acquire publicity to main capital markets on the African continent.
The JSE is presently ranked within the Top 20 largest inventory exchanges on the planet by market capitalisation, and is the most important inventory change in Africa, having been in operation for 137 years. As a number one international change, the JSE co-creates, unlocks worth and makes actual connections occur.
Do you consider you might be entitled to a few of that R4.5 billion?
Let us know by leaving a remark under, or ship a WhatsApp to 060 011 021 1
Subscribe to The South African web site’s newsletters and comply with us on WhatsApp, Facebook, X and Bluesky for the newest information.