Seed Co International Limited

Seed Co International (VFEX) – Notice of Dividend Currency Exchange Rate for Botswana Registered Shareholders

By Published On: August 4th, 2023Categories: Corporate announcement

On 4th July 2023, the Board of Directors of Seed Co International Limited (“SCI” or the “Company”) declared a final dividend of 0.25 USD cents per share. The dividend will be paid on or around the 9th August 2023 to holders of record of the Company’s common shares on 2nd August 2023 (the “Record Date”). Shares will trade cum-div up-to and including Friday 28th July 2023 and ex-div from Monday 31st July 2023.

Shareholders on the Botswana share register will be paid in USD if they have provided their USD bank account details to the Company, care of the Botswana Calculation and Paying Agents, Corpserve Botswana, by the Record Date. Shareholders on the Botswana share register who do not have USD bank accounts or who have not provided their USD bank account details to the Company by the Record Date will be paid the dividend in Botswana Pula based on the prevailing exchange rate on the Record Date, as determined by reference to SCI’s bank, Absa Bank Botswana Limited, being BWP13.33 to USD1.00. Accordingly, the gross dividend will be BWP0.033325 per share. A net dividend payment will be made after the deduction of applicable withholding taxes imposed in accordance with Botswana taxation laws.

By Order of the Board

03 August 2023

Eric M. Kalaote
Secretary

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