Final Dividend – 2017 Financial Year
NZX Release
1 May 2018
FINAL DIVIDEND – 2017 FINANCIAL YEAR
Diversified listed agribusiness Scales Corporation Limited (NZX:SCL) has declared a fully imputed
final dividend for the 2017 Financial Year of 9.0c per share.
Taking into account the 9.0c interim dividend paid in January 2018, dividends for the 2017 year total
18.0c per share, representing 78% of underlying net profit after tax.
The final dividend is payable on 6 July 2018, with a record date of 27 June 2018.
Directors’ comment
Scales’ directors remain positive with regard to 2018 financial performance, with all three divisions
(Horticulture, Storage & Logistics and Food Ingredients) trading well during the first quarter of 2018
and including this year’s apple harvest.
An update will be provided at the Annual Shareholders Meeting scheduled for Wednesday 13 June at
4.30pm in Christchurch.
Contact
Andy Borland, Managing Director, Scales Corporation Limited, Mob: 021-975 999, email:
andy.borland@scalescorporation.co.nz
About Scales Corporation
Scales is a diversified agribusiness portfolio. It currently comprises three operating divisions:
Horticulture, Storage & Logistics and Food Ingredients. The company’s diverse spread of activities
gives Scales broad exposure to New Zealand’s agribusiness sector. Scales was founded in 1897 as a
shipping business by George Herbert Scales. Today it employs more than 700 permanent staff New
Zealand wide. Find out more at
www.scalescorporation.co.nz
---
APPENDIX 7 – NZSX Listing Rules
Number of pages including this one
(Please provide any other relevant
NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages)
For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required.
Full name
of Issuer
Name of officer authorised to
Authority for event,
make this notice
e.g. Directors' resolution
Contact phone
Contact fax
numbernumberDate
Nature of event
BonusIf ticked,Rights Issue
Tick as appropriateIssuestate whether:Taxable/ Non TaxableConversionInterestRenouncable
Rights IssueCapitalCallDividend
If ticked, stateFull
non-renouncable
change
X
whether:
InterimYear
X
SpecialDRP Applies
EXISTING securities affected by this
If more than one security is affected by the event, use a separate form.
Description of theISIN
class of securities
If unknown, contact NZX
Details of securities issued pursuant to this eventIf more than one class of security is to be issued, use a separate form for each class.
Description of theISIN
class of securities
If unknown, contact NZX
Number of Securities toMinimum
Ratio, e.g
be issued following eventEntitlement
1 for 2 for
Conversion, Maturity, Call
Treatment of Fractions
Payable or Exercise Date
Tick if
provide an
pari passu
ORexplanation
Strike price per security for any issue in lieu or date
of the
Strike Price available.
ranking
Monies Associated with Event
Dividend payable, Call payable, Exercise price, Conversion price, Redemption price, Application money.
Source of
Amount per securityPayment
(does not include any excluded income)
Excluded income per security
(only applicable to listed PIEs)
SupplementaryAmount per security
Currencydividendin dollars and cents
details -
NZSX Listing Rule 7.12.7
Total monies
TaxationAmount per Security in Dollars and cents to six decimal places
In the case of a taxable bonusResident
Imputation Credits
issue state strike priceWithholding Tax(Give details)
Foreign
FWP Credits
Withholding Tax(Give details)
Timing
(Refer Appendix 8 in the NZSX Listing Rules)
Record Date 5pmApplication Date
For calculation of entitlements -Also, Call Payable, Dividend /
Interest Payable, Exercise Date,
Conversion Date. In the case
of applications this must be the
last business day of the week.
Notice DateAllotment Date
Entitlement letters, call notices,For the issue of new securities.
conversion notices mailedMust be within 5 business days
of application closing date.
OFFICE USE ONLY
Ex Date:
Commence Quoting Rights:Security Code:
Cease Quoting Rights 5pm:
Commence Quoting New Securities:Security Code:
Cease Quoting Old Security 5pm:
$
27 June, 20186 July, 2018
$12,680,691.66
Date Payable
6 July, 2018
$$0.006250$0.035000
In dollars and cents
$0.09000
NIL
NZD$0.015882
Enter N/A if not
applicable
ORDINARY SHARESNZSCLE0002S8
EMAIL: announce@nzx.com
Notice of event affecting securities
SCALES CORPORATION LIMITED
STEVE KENNELLYDIRECTORS RESOLUTION
64 3 3712263152018
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.