The Board has declared a dividend of RTGS 0.5 cents per share to shareholders reflected in the company’s register on the record date being 3 May 2019.

Shares will trade cum -div until 29 April 2019 and ex-div from 30 April 2019.The payment date will be the 31st of May 2019.

Shareholders will have an option to receive their dividend partly/wholly in cash or partly/wholly in the form of shares. The offer price to the shareholders has been determined by the offer price on the results publishing date, 27 March 2019, being RTGS 10.00 cents per share. The ratio of entitlement will be one scrip dividend share for every 20 shares already held.

Details of the maximum number of shares each shareholder is entitled to and the procedure used in electing to take up this script offer are set out in the form of election which will be posted to shareholders from the 8th of May 2019 by our transfer secretaries Corpserve (Pvt) Ltd . The last date for receipt of shareholder completed election forms will be 27 May 2019.

If you have any queries with regards to your form of election, please contact Corpserve (Pvt) Ltd, on telephone (+263242) 750711 751559/61 or email [email protected] or [email protected]

By Order of the Board
B Mpofu
Company Secretary


Download the full announcement here with Scrip dividend offer form of election…