Interim Dividend and Non-Taxable Bonus Issue
12:00AM, 15 Mar 2010 | FORECAST
The Directors of Scott Technology Limited are pleased to report that the
company is trading ahead of the same period last year and anticipates
reporting a net surplus before tax for the six months ended 28 February 2010.
The company's interim result will be announced to the market on wednesday 31
An interim divided of 1.25 cents per share has been declared by the Directors
in respect of the year ended 31 August 2010, with a record date of 26 March
2010 and a payment date of 31 March 2010.
In addition, the Directors have declared a 1 for 10 non-taxable bonus issue
which will be made immediately prior to payment of the divided and will
participate fully in the dividend. The bonus issue will have a record date of
26 March 2010 and an allotment date of 31 March 2010.
Both the interim dividend and bonus issue reflect the Directors' continued
confidence in the growth and trading ability of the company, supported by the
underlying strength of the company's balance sheet. The bonus issue also
acknowledges shareholders' commitment to Scott Technology Limited over the
past two years when the Company's performance was affected by a downturn in
its international markets.