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Home | Media | News | Seed Co Limited Results of Cash and Strip Dividend Elections

Seed Co Limited Results of Cash and Strip Dividend Elections

Tuesday, August 20, 2019

By 16:00hrs on Friday 2 August 2019, the last time and date to receive dividend election forms, eligible shareholders elected to receive their dividend as follows:

Dividend election Number of Shares per election New shares in lieu of dividend %
Scrip Option 192,123,965 2,501,505 79.08
Cash 50,838,425 - 20.92
Total Shares in Issue 242,962,390 2,501,505 100.00

NB: Total cash dividend payout ZWL$1,378,184.76 at the rate of ZWL2.37 cents per share. The amount is inclusive of withholding taxes for both the cash and scrip options.

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Seed Co has provided us with a stable market and technical support during the season.

We received a planter, plough and harrow from Seed Co and this greatly improved our lives as communal farmers.

Firstly, I would to thank Seed Co for the opportunity to brag about Seed Co. They are a fantastic company and they have put me on the map.