OK Zimbabwe announces the release of its audited results for the full year ended 31 March 2019. Below are some of the financial highlights:

Financial highlights

  • Revenue up to ZWL 801.9 million
  • EBITDA increased to ZWL 76.8 million
  • Profit for the year up to ZWL 49.2 million
  • Earnings per share up to 4.12 ZWL cents
  • Net asset value per share up to 14.05 ZWL cents
  • Proposed final dividend of 1.71 ZWL cents per share

H. Nkala

Dividend Notice

NOTICE is hereby given that on the 29th of May 2019, the Board of Directors declared a final dividend (number 25) of 1.71 ZWL cents per share payable out of the profits of the Group for the year ended 31 March 2019.

The dividend will be payable on or about the 18th of June 2019 to shareholders in the Group’s register at the close of business on 14 June 2019. Disbursements to foreign shareholders is subject to Exchange Control Approval and payment guidelines for foreign payments. The dividend will be paid by direct transfers or other approved forms as per the following timetable:

1 Announcement Date 29 May 2019
2 Last date to Trade Cum-Dividend 11 June 2019
3 Ex-Dividend Date 12 June 2019
4 Record Date 14 June 2019
5 Payment Date 18 June 2019

Shareholders are encouraged to update their payment details through our offices or our transfer secretaries, Corpserve, 2nd Floor, ZB Center, Kwame Nkrumah Avenue, P.O Box 2208, Harare, Zimbabwe.

By the order of the Board
M. Munyuru (Mrs)

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