The Company has declared an interim dividend of ZWL 40 cents per share for the year ending 28 February 2021.
Timetable
The dividend will be paid per the following timelines:
| ACTION | DATE |
|---|---|
| Last date to trade cum dividend | Tuesday, 20 April 2021 |
| Share trades ex-dividend | Wednesday, 21 April 2021 |
| Record date | Friday, 23 April 2021 |
| Payment date (on/about) | Friday, 30 April 2021 |
Tax
Withholding tax will be deducted at a rate of 10%, where applicable.
Foreign shareholders’ payments
Payments to foreign shareholders will be subject to exchange control approval and payment guidelines for foreign remittances. Foreign shareholders should appoint or make their own arrangements with a local bank of their choice to receive dividend on their behalf and to facilitate remittance to them.
EcoCash
In an effort to provide an expedient and convenient service, please be advised that we will continue to pay dividends through EcoCash to shareholders who have opted for this payment mode. Non-Corporate Shareholders are encouraged to provide their EcoCash details to the following addresses of our transfer secretaries, First Transfer Secretaries (FTS):
- Physical address: No. 1 Armagh Avenue, Eastlea, Harare.
- Postal address: P. O. Box 11 Harare.
- Email address: [email protected]
Should there be any queries do not hesitate to contact FTS on the following numbers:
- +263 (24) 2776 628
- +263 (24) 2776 649
- +263 (24) 2776 659
- +263 (24) 2776 669
- +263 (24) 2776 674
By order of the Board
| Mr C.A. Banda | |
| Group Company Secretary | 8 April 2021 |
| Registered Office: | Registrars and Transfer Secretaries: |
| Econet Park, 2 Old Mutare Road, Msasa, Harare, Zimbabwe. | First Transfer Secretaries (Private) Limited, |
| Email: [email protected] | 1 Armagh Avenue, Eastlea, Harare, Zimbabwe |
| Website: www.econet.co.zw | Email: [email protected] |
