Wednesday 16th December 2020
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Seeka Limited advises the announcement of a special $0.12 per share dividend. The dividend will be paid on 27 January 2021 to all holders of ordinary shares in the Company recorded in the Company’s share register at the close of business on the record date of 24 December 2020 and that the Company’s Dividend Reinvestment Plan will apply in respect of the Special Dividend.
Seeka considers a special dividend appropriate given the stronger than expected earnings in the current financial year, a reflection of tight financial management and the settled sale and lease back of part of the Australian kiwifruit orchard portfolio.
Seeka received no Government wage subsidy and expects to end the year with much lower debt in accordance with prior guidance.
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