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[2008-05-28] Dividend announcement for Econet Notice is hereby given that the board has recommended the payment of a final dividend number 11 of $16,361.92 per share (2007: $47.65 per share) payable out of the profits of the Group for the full year ended 29 February 2008. Shareholders will be given an option to be paid their dividend in cash or in the form of additional shares in the Group.
The dividend is payabe to shareholders registered in the books of the company at the close of business on 13 June 2008. The transfer books and register of members will be closed from 14 June to 17 June 2008, both dates inclusive. Forms of election would be posted on or about 21 June 2008. Dividend cheques and/or share certificates will be posted on or about 11 July 2008.
The remittance of dividends to shareholders resident outside Zimbabwe is subject to Exchange Control Regulations. Withholding tax will be deducted at the rate of 15% where applicable.