ECO.zw | Dividend declaration

October 31, 2017|

The Board has decided to declare a further dividend of 0.579 US Cents per Share, for the second quarter ended 31 August 2017. The total dividend declared for the half year ended 31 August 2017 now stands at US$ 25 million, equivalent to 0.965 US cents per share.

ACTION DATE
Last Date to Trade – cum dividend Tuesday, 14 November 2017
Share Trade Ex-Dividend Wednesday, 15 November 2017
Record Date Friday, 17 November 2017
Payment Date (on/about) Monday, 20 November 2017

Withholding tax will be deducted at a rate of 10%, where applicable. Payments to foreign shareholders will be subject to exchange control approval and payment guidelines for foreign remittances. Foreign shareholders should appoint or make their own arrangements with a local bank of their choice to receive their dividend on their behalf and to facilitate remittance to them.

DR. J. MYERS
CHAIRMAN OF THE BOARD

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Econet Wireless Zimbabwe is a diversified telecommunications group, the largest enterprise of its kind in Zimbabwe.

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