Dividend Declaration
The Company has declared a dividend of 0.386 cents per share amounting to US$ 10 million for the first quarter ended 31 May 2017.
Timetable
The dividend will be paid per the following timelines:
| ACTION | DATE |
| Last Date to Trade – cum dividend | Tuesday, 26 September 2017 |
| Share Trade Ex-Dividend | Wednesday, 27 September 2017 |
| Record Date | Friday, 29 September 2017 |
| Payment Date (on/about) | Wednesday, 4 October 2017 |
| Dividend amount | $10 million |
Tax
Withholding tax will be deducted at a rate of 10%, where applicable.
Foreign shareholders’ payments
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 the dividend on their behalf and to facilitate remittance to them.
EcoCash
In an effort to provide an expedient and convenient service, please be advised that we will continue to pay
dividends through EcoCash to shareholders who have opted for this payment mode. 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]
Should there be any queries do not hesitate to contact FTS on the following numbers:
- +263 (04) 776628
- +263 (04) 776649
- +263 (04) 776659
- +263 (04) 776669
- +263 (04) 776674
By Order of the Board
Charles Banda
Group Company Secretary