SEK
21/03/2013 15:04
DIVIDEND
REL: 1504 HRS Seeka Kiwifruit Industries Limited
DIVIDEND: SEK: Seeka Amends Dividend Policy
Seeka's intention is to declare dividends each financial year. The annual
dividend payment will not exceed 75% of operating cashflow net of maintenance
capital investment and contracted debt reduction.
Dividends will be paid in two tranches, normally in March and September, and
announced in conjunction with the release of the half year and full year
results.
The Directors reserve the right to amend the policy at any time. Each
dividend will be determined after due consideration of the capital
requirements, operating performance, financial position and cashflows of the
company at the time.
March 2013
For further information contact:
Michael Franks
Chief Executive
021 356 516
Stuart McKinstry
Chief Financial Officer
021 221 5583
End CA:00234416 For:SEK Type:DIVIDEND Time:2013-03-21 15:04:31
Price at posting:
$1.52 Sentiment: None Disclosure: Held
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