PWS.zw | Scrip or Cash dividend offer results

February 4, 2020|

Further to the dividend announcement made on 20 December 2019, shareholders are advised that the results of the scrip dividend offer are as follows:

Cash dividend to be paid ZWL$ 233 104.23
Number of new shares to be allotted 17 405 616

BY ORDER OF THE BOARD
POWERSPEED ELECTRICAL LIMITED

M S GURIRA
Company Secretary

Latest news and corporate announcements from Powerspeed Electrical Limited (PWS.zw).

Powerspeed Electrical is a leading supplier of electrical products and services; trading through its own chain of hardware retail outlets known as Electrosales Hardware. The company supplies electrical products and solutions to the painting, plumbing, electrical, building, hand and power tools, outdoor and gardening, and automotive industries in Zimbabwe. Powerspeed Engineering is a subsidiary company involved in rewinding electric motors, supplying industrial fans and ducting for commercial and industrial applications, fabrication of non-standard steel products and structures, and commercial and industrial light fittings, heating elements, distribution boards and domestic irons. The engineering division is the amalgamation of three leading industrial engineering companies; Airflow, Relmo and ELS.

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