Dividend Declaration

Notice is hereby given that the Board of Directors declared an interim dividend of US$15 million (0.55 US cents per share) for the year ended 29 February 2024 payable in respect of all the qualifying ordinary shares of the Company.

The Dividend will be payable on or about 3 April 2024 to all Shareholders of the Company registered as at the close of business on 28 March 2024. The shares of the Company will be traded cum-dividend on the Zimbabwe Stock Exchange up to the market day of 25 March 2024 and ex-dividend from 26 March 2024.

Disbursements to foreign Shareholders are subject to Exchange Control regulations and payment guidelines for foreign remittances.

Applicable shareholders’ tax will be deducted from gross dividends.

Payments via EcoCash

In an effort to provide an expedient and convenient service, please be advised that the Company will provide an option to pay dividends through EcoCash to shareholders. Non-Corporate Shareholders are encouraged to provide their EcoCash details to the following addresses of our transfer secretaries, First Transfer Secretaries (FTS):

Physical address: No. 1 Armagh Avenue, Eastlea, Harare.
Postal address: P. O. Box 11 Harare.
Email address: [email protected]

All shareholders are encouraged to submit their updated mailing and banking details through our offices or our transfer secretaries.

By order of the Board

T.A. Ngowe
Group Company Secretary

13 March 2024