Scales Corporation Limited logo

Final Dividend – 2017 Financial Year

Dividend1 May 2018SCLIndustrials

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.