Simbisa Brands (Zimbabwe) | Notice to Shareholders on Interim Dividend

By Published On: August 26th, 2020Categories: Corporate announcement

Shareholders will recall that a notice was published on 27 March 2020 in respect to the declaration by the Board of Directors of an interim dividend concurrent with publication of H1FY20 results for the Group.

Members are advised that there has been a change in the internal and external circumstances of the country and the Company that have caused the Board of Directors to reconsider the payment date of the proposed interim dividend of 15 April 2020.

The Board of Directors wish to advise shareholders that in light of the COVID-19 Lockdown in force in Zimbabwe, and the uncertainties surrounding the global and local economies, the payment date of the interim dividend has been deferred, with the approval of the Zimbabwe Stock Exchange, to 21 May 2020.

The new payment date is still within the timelines for payment of declared interim dividends set out in the Listing Rules of the ZSE.

The record date, cum-dividend date and ex-dividend date will remain the same as announced in the previous notice.

All shareholders are so advised.

By order of the Board,

Company Secretary

Simbisa Brands Limited (SIM.zw)

Share price: 17,995.91 ZWL cents (-410.77 | -2.23% – 12/08/22)

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