Final Dividend – 2019 Financial Year

Scales Corporation Limited
Head Office: 52 Cashel Street | Christchurch 8013 | New Zealand
Postal: PO Box 1590 | Christchurch 8140 | New Zealand
Phone: +64 3 379 7720
scalescorporation.co.nz





5 May 2020

SCALES CORPORATION CONFIRMS FY2019 FINAL DIVIDEND

The Directors of Scales Corporation Limited (NZX:SCL) have declared a f ully imputed f inal cash
dividend f or the 2019 Financial Year of 9.5 cents per share.
Taking into account the 9.5 cents interim dividend paid in January 2020, cash dividends f or the 2019
year total 19.0 cents per share, which represents 74% of Underlying Net Prof it.
The unprecedented global operating and trading conditions reinf orce the benef its of the current
dividend policy, in particular the payment date f or the interim and f inal dividends. Waiting until the
current year apple harvest is well advanced prior to payment supports the group maintaining its strong
f inancial position.
While the Directors reiterate their commitment to paying an annual cash dividend of no less than 19.0
cents per share whilst the company holds Net Cash, this remains subject to business as usual trading
conditions.
The f inal dividend is payable on 10

July 2020, with a record date of 29 June 2020.
Annual Shareholders’ Meeting
The Annual Meeting is scheduled f or 3.30pm, Tuesday 9 June 2020. In light of the various restrictions
that have been introduced as a result of the current COVID-19 pandemic, the 2020 Annual Meeting
will be held as an online only meeting. The Notice of Meeting will be distributed shortly.
The meeting will provide an excellent opportunity to update shareholders on progress to date f or each
business unit, including conf irmation of the f inal gross apple cartons harvested and estimated pack
out percentage f or Mr Apple, as provided historically.

About Scales Corporation
Scales Corporation is a diversif ied agribusiness group. It comprises three operating divisions:
Horticulture, Logistics and Food Ingredients. The company’s diverse spread of activities gives Scales
broad exposure to New Zealand’s agribusiness sector. Scales Corporation was f ounded in 1897 as a
shipping business by George Herbert Scales. Today it has operations across New Zealand, Australia
and the United States. Find out more at www.scalescorporation.co.nz.
Contact
Andy Borland, Managing Director, Scales Corporation Limited, Mob: 021 975 999, email:
andy.borland@scalescorporation.co.nz

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Distribution Notice




Section 1: Issuer information
Name of issuer SCALES CORPORATION LIMITED
Financial product name/description ORDINARY SHARES
NZX ticker code SCL
ISIN (If unknown, check on NZX
website)
NZSCLE0002S8
Type of distribution
(Please mark with an X in the
relevant box/es)
Full Year X Quarterly
Half Year Special
DRP applies
Record date 29/06/2020
Ex-Date (one business day before the
Record Date)
26/06/2020
Payment date (and allotment date for
DRP)
10/07/2020
Total monies associated with the
distribution
$13,478,685.03
Source of distribution (for example,
retained earnings)
RETAINED EARNINGS
Currency NZD
Section 2: Distribution amounts per financial product
Gross distribution $0.13194400
Total cash distribution $0.09500000
Excluded amount (applicable to listed
PIEs)
$0.00000000
Supplementary distribution amount $0.01676500
Section 3: Imputation credits and Resident Withholding Tax
Is the distribution imputed Fully imputed
If fully or partially imputed, please
state imputation rate as % applied
100%
Imputation tax credits per financial
product
$0.03694432
Resident Withholding Tax per financial
product
$0.00659720
Section 5: Authority for this announcement
Name of person

authorised to make
this announcement
STEVE KENNELLY
Contact person for this announcement STEVE KENNELLY
Contact phone number 03 371-2263
Contact email address steve.kennelly@scalescorporation.co.nz
Date of release through MAP

05/05/2020