Aguytrying wrote:Ericsson wrote:@Pesa nane;
The additional shares in the rights issue do not qualify for the dividend.
Of the 1.50 dividend;75 cents was paid as interim.
And on the balance sheet the proposed dividend in for existing shares before rights issue
Noma sana. I can only laugh at the tactics used
Please read the IM
7.5 Page 18 "116,666,667 Ordinary Shares, to rank pari passu in all respects with the existing ordinary
shares in Housing Finance"
7.13 Page 20 "The New Shares will rank pari passu in all respects with the Existing Shares including the right to receive in full all dividends and other distributions declared, made or paid in respect of the Ordinary Shares,
for the financial year ending 31 December 2014.
There are therefore no time limitations in respect of the right to dividend for the said financial year.
Kshs. 0.75 final div. is ours
Pesa Nane plans to be shilingi when he grows up.