Seed Co International Limited
("the Company" or "the Group" or "SCIL")
UIN: BW 000000 2005
Share codes: BSE: SEEDCO - VFEX: SCIL.vx
DIVIEND ANNOUNCEMENT
Notice is hereby given that a gross dividend of 0.25 US cents per ordinary share has been declared from the year ended 31 March 2023. The dividend will be paid net of applicable withholding taxes on or about 9 August 2023 to shareholders registered as such in the Share Register of the Company by close of business on 2 August 2023.
The detailed timetable for the dividend payout is as follows:
Event | Date | |
Dividend announcement date | Tuesday, 04 | July 2023 |
Shares trade cum-dividend up to | Friday, 28 | July 2023 |
Shares trade ex-dividend as from | Monday, 31 | July 2023 |
Last date to be registered as a Shareholder (Record Date) | Wednesday, 02 August 2023 | |
Payment of dividend: on or about | Wednesday, 09 August 2023 |
Exchange rate
Botswana resident shareholders shall be paid their dividend in BWP at the USD/BWP mid exchange rate as quoted by Stanbic Bank of Botswana Limited on or about the payment date.
Withholding Taxes
In terms of the Income Tax Act of Botswana (Cap 52.01) as amended and subject to specific exemptions, withholding tax at the rate of 10% will be deducted by the Company from gross dividends. If a change of address or dividend instructions is to apply to this dividend, notification should reach the Transfer Secretaries by the Record Date.
By Order of the Board
E. M. Kalaote
Company Secretary
4 July 2023
TRANSFER SECRETARIES
In Botswana | In Zimbabwe | ||
Central Securities Depository Company of Botswana | Corpserve Registrars | ||
Plot 70667 | 2nd Floor | ||
4th Floor Fairscape Precinct | ZB Center | ||
Fairgrounds, Gaborone | Cnr Kwame Nkrumah Ave / 1st Street | ||
Botswana | Harare | ||
csd@bse.co.bw | Zimbabwe | ||
paradzai@escrowgroup.org | |||
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Seedco International Ltd. published this content on 04 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 July 2023 09:27:08 UTC.