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CAFCA LIMITED - Declared of dividend

Release Date: 28/09/2018 10:34
Code(s): CAC     PDF:  
Wrap Text
Declared of dividend

Cafca Limited
Share Code: CAC
ISIN Code: ZW0009011942

DIVIDEND NOTICE

Notice is hereby given that the board declared a dividend
of 10.5 US$ cents per share for the year ended 30
September 2018 payable in respect of all the ordinary
shares of the company. The dividend will be payable in
full to all shareholders of the company registered at the
close of business on 28 September 2018.

Shares currently in issue of 33,059,000 equates therefore
to a dividend of US $ 3,471,195 out of the accumulated
profits of US $ 18,355,780 as at 30 July 2018.Cash
resources are forecast to be US $ 9.5 million as at the
year ending 30 September 2018 which will adequately cover
both the dividend and the planned capital expenditure of
US $ 5.1 million for the financial year ending 2018/19.
The payment date of the dividend will be advised once
foreign currency has been secured. A shareholders tax of
10% will be withheld in Zimbabwe.

A further announcement will be made on the rate of
exchange of the South African rand.

Zimbabwe is the country of source of income, the dividend
is regarded as 'foreign' for the purposes of South
African dividend tax.

The shares of the company will be traded cum dividend on
the Zimbabwe Stock Exchange up to the market day of 25th
September 2018 and ex dividend as from 26th September
2018.
Share certificates may not be dematerialised or
rematerialised between Wednesday, 26 September 2018 and
Friday, 28 September, both dates inclusive.

Shareholders are requested to submit/update their mailing

     Directors: H.P. Mkushi (Chairman) R.N. Webster (Managing Director) E.T.Z. Chidzonga
       P. De Villiers G. Eddey A. Mabena S. Mangwengwende G.J.H. Steyn T.A. Taylor
and banking details with the Transfer Secretaries to
enable the payment of their dividends on the following
contacts.

Zimbabwean Transfer Secretaries
First Transfer Secretaries (Pvt) Ltd
1 Armagh Avenue
Eastlea
Harare
Telephone: +263 4 782869/72 or 776628/49/59/69/74
Email:info@fts-net.com



South African Transfer Secretaries
Computershare Investor Services
Rosebank Towers
15 Biermann Avenue
Rosebank, 2196 South Africa
Tel: +27 11 688 5248
Email:Charmaine.Jacobs@computershare.co.za

By order of Board
C Kangara
Company Secretary
28 September 2018




     Directors: H.P. Mkushi (Chairman) R.N. Webster (Managing Director) E.T.Z. Chidzonga
       P. De Villiers G. Eddey A. Mabena S. Mangwengwende G.J.H. Steyn T.A. Taylor

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