Scott Technology's bonus issue allotment date changes

Scott Technology Ltd has changed the allotment date for its one-for-10 non-taxable bonus issue to March 26 from March 31 at the request of the New Zealand Stock Exchange.

The bonus issue was announced on Monday along with an interim dividend of 1.25c a share.

The company said then that both the interim dividend and bonus issue reflected the directors' confidence in the growth of the company and the bonus issue acknowledged shareholders' commitment during the past two years when trading conditions were difficult.

The record date for both the bonus issue and the dividend remains March 26 and the payment date for the dividend remains March 31.

 

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