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Dividend payment for year 2016 - first tranche

Release Date: 9/15/2017 6:36:46 PM

IRIS Code: F30D7



In attention to                                                                                                                 No. 0397/September 15, 2017

The Bucharest Stock Exchange (B.V.B.)

The Financial Supervisory Authority (A.S.F.)




Current Report

In accordance with the Capital Markets Law No. 297/2004 and Regulation No. 1/2006

regarding the issuers and operations with securities



Report date: September 15, 2017

Issuing entity: The closed-end fund BET FI Index Invest managed by SAI Broker S.A. Registered office:  Cluj-Napoca, no. 119, Motilor Street, 4th floor, County of Cluj Phone: 0364-260.755, fax: 0364-780.124

VAT No. 30706475

Trade Registry No.: J12/2603/2012 Share capital: RON 2,206,180

The regulated market on which the issued shares are traded: The Bucharest Stock Exchange


Important events to report: Payment of dividends for the year 2016 – 1st tranche


Following the resolution of the Managing Board from September 14, 2017 of SAI Broker S.A authorized by Decision No. 71/January 29, 2013, registered with the A.S.F. Register under No. PJR05SAIR/120031, the closedend fund BET FI Index Invest, registered with the A.S.F. Registry under No. CSC08FIIR/120035, announces that the payment of dividends for the year 2016 – 1st tranche - shall be made as follows:


-          The gross dividend is RON 6.4 for each fund unit issued by the closed end fund BET FI Index Invest, held at the identification date. Dividends shall be paid to those investors who hold fund units at the identification date in accordance with the investors registry kept by the Central Depositary (Depozitarul Central).


-          The dividend tax rate will be withheld prior to payment in accordance with the legal provisions in force.


-          The identification date is September 28, 2017 (ex-date September 27, 2017);


-          The payment date is October 05, 2017.


-          The costs for the payment of dividends, regardless of the payment method, shall be borne by the investors.


-          The  payment  of  dividends  shall  be  made  by  the  Central  Depositary  and  BRD-Groupe Societe Generale, the selected payment agent.



The method of payment:


1.      Via Participants (Custody banks/Brokerage companies): Individuals and legal entities / other entities that have an account with the Participant:


For the individuals, legal entities or other entities, who, at the identification date, hold fund units described in the Section 2 or 3 of the Investors Registry in the account opened with the Participant, the dividends shall be paid automatically on the Payment Date (October 05, 2017) by bank transfer, via the Central Depositary, into the accounts of the respective Participants.


Non-resident investors who have an account with the Participant and want to benefit of the more favorable stipulations of the Agreement on the avoidance of double taxation entered between Romania and their residence country shall send to the registered office of SAI Broker SA, via the Participant, the tax residence certificate for the year when the payment of dividends is made (2017), within  the  due  term,  in  original  or   certified   copy with apostille/super legalization, if applicable, with the certified translation into Romanian, in original, within the following term:


-          Until October 03, 2017, unless they have opted for the delayed payment of dividends. The application of the Agreement on the avoidance of double taxation, on the payment date, is conditioned by the receipt of the complete documents until October 03, 2017.


-          Until the latest November 30, 2017, should they have opted for the postponed payment of dividends.




The date of the postponed date is the date after the Payment Date representing the deadline established by the issuer for the delay of  the  payment  of  dividends  to  the  non-resident shareholders who expressed, via Participants, this payment option to benefit of the more favorable stipulations of the  Agreement  on  the  avoidance  of  double  taxation.  The date of postponed payment is December 21, 2017. The payment of dividends d