The Directors of Meikles Limited would like to advise that the Scrip Dividend timetable has been amended to allow time to shareholders who could not follow their rights due to the business interruption experienced last week. Please note that all the other material information remains the same, save for the timetable:

Revised Timetable:
Last time and date of receipt of forms of election 1600 hours, 1 February 2019
Share certificate and dividend warrants mail on or about 8 February 2019
First day of dealing in new shares 8 February 2019

Date Announced: 30 November 2018
Dividend declared for the period: 30 September 2018
Dividend Record Date: 14 December 2018
Last day to trade cum-dividend: 11 December 2018
Dividend ex-date: 12 December 2018
Dividend Payment Date: 30 January 2019
Dividend Amount per share: 1.20 US cents
Tax Status: Gross
Withholding tax: 10%
Scrip Dividend Offer: Available
Scrip Dividend Offer Term: 1 new share for every 43 shares
held

About the company

Meikles Limited is an established 100-year old company in Zimbabwe primarily invested in the agriculture, hotels and retail sector. The company operates six business segments; hospitality, retail stores which include department stores, supermarkets and wholesalers, and agricultural, financial services and security. Its well-known brands include the Meikles Hotel, Victoria Falls Hotel, TM Supermarkets, Meikles Stores and Tanganda Tea which produces, packs and distributes Zimbabwe’s famous tea brand aswell as Tinga Mira, a bottled spring water brand. Tanganda Tea Company also owns estates that produce avocados and macadamia nuts. Meikles Limited has department stores in three major cities in Zimbabwe which includes Barbours department store in Harare; and has a national footprint with 50 retail stores in towns and cities throughout Zimbabwe. Meikles Limited recently expanded into the mining and guarding sector and owns Meikles Centar Mining and Meikles Guard Services (Private) Limited in Zimbabwe. Meikles Financial Services offers mobile financial solutions and bill payment services to the retail and commercial sector in Zimbabwe; under the brand name My Cash.