Based on the historical results, the Board has declared a final dividend of 19.16 ZWL cents per share in respect of all ordinary shares of the Company. This brings the total dividend paid for the year to 23.76 ZWL cents. The final dividend is payable in respect of the financial year ended 30 June 2020 and will be paid in full to all shareholders of the Company registered at close of business on the 16th of October 2020. The payment of this dividend will take place on or around the 29th of October 2020. The shares of the Company will be traded cum-dividend on the Zimbabwe Stock Exchange up to the 13th of October 2020 and ex-dividend as from the 14th of October 2020.
The Board has also declared a final dividend totalling ZWL$5.2 million to the Axia Employee Share Trust (Private) Limited which will be paid on or around the same date.