Had a look through the Scheme documents and noticed there is no reference to dividends and whether shareholders will still receive a March dividend.
Holding shares until the takeover may result in 15c (current differential to N$6.45 offer) plus an 8-10c interim dividend. Without the additional dividend there the discount does not seem to warrant holding until March / April next year.
Any thoughts?
March Dividend
Currently unlisted. Proposed listing date: 16 SEPTEMBER 2024 #