OK Zimbabwe Limited

OK Zimbabwe Dividend Announcement to Shareholders

By Published On: June 23rd, 2022Categories: Corporate announcement, Dividends

NOTICE is hereby given that on the 2nd of June 2022, the Board of Directors declared a Dividend Number 31 of ZW$36.5 cents and US$0.13 cents per share payable in respect of the qualifying ordinary shares of the Company to be paid out of the profits for the financial year ended 31 March 2022. This follows an interim dividend of ZW$21 cents.

The dividend will be payable on or about the 28th of June 2022 to shareholders in the Group’s register at the close of business on the 17th of June 2022. Disbursements to foreign shareholders is subject to Exchange Control Approval and payment guidelines for foreign payments. The dividend will be paid by direct or other approved forms of transfer as per the following timetable:

1. Announcement date 3 June 2022
2. Last Date to Trade Cum-Dividend 14 June 2022
3. Share Trade Ex-Dividend 15 June 2022
4. Last Record Date 17 June 2022
5. Payment Date 28 June 2022

The group profit before tax for the year is estimated at ZW$3.5 billion in historic cost terms.

The group audited financial statements for the year ended 31 March 2022 are expected to be published on or about the 16th of June 2022. Shareholders are encouraged to update their payment details through our offices or our Transfer Secretaries, Corpserve, 2nd Floor, ZB Centre, Kwame Nkrumah Avenue, P. O. Box 2208, Harare, Zimbabwe.

By the order of the Board

3 June 2022

OK Zimbabwe Limited (OKZ.zw)

Share price: 3,030.48 ZWL cents (13.58 | 0.45% – 11/08/22)

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