FAQ's

Dividends

A dividend is a taxable sum of money declared by a company’s board of directors and given to its shareholders out of the company’s current or retained earnings. Dividends are usually given as cash (cash dividend), but they can also take the form of stock (scrip dividend) or other property. There is no guarantee that a company will make dividend payments in any given year or years.

Yes, this is possible. You need to contact us and we’ll assist you.

It depends on the type of the dividend declared. If it’s a purely cash dividend, you do not have an option to take up shares instead. However, if a cash dividend with a scrip option is declared, you can opt to receive more shares in the company. If you are paid your dividend in cash, you can ask your broker to reinvest the proceeds into Zimplow shares on your behalf.

You should contact our Registrar, who will check the payment details and, if appropriate, issue a replacement cheque. To avoid this problem in future you may wish to consider having your dividends paid electronically into your bank or building society account. To do so, you need to provide our registrar with your banking details and instruct them to this effect.

Financial Reporting

Our annual reports are available for download in PDF from the ‘Downloads’ section of this website. If you subscribe to receive financial reports from us, we will send you the links to the reports upon release. Hardcopies may be requested from the Company Secretary as well.

Our financial year end is 31 December and our audited results are released on the 31st of March each year. Our half year end is 30 June and the interim results are released in or before 30 September same year. We recommend that you subscribe for free email alerts to be notified of the release of our results.

Shares

The ownership of a company can be shared by many people and organisations. A share is a unit of ownership. When you own a share you become a part-owner (shareholder) of a company and you will have the right to receive any dividends paid on each share that you own, receive an electronic or paper copy or summary of the company’s annual report and financial statements as well as any other shareholder communications. You will also have the right to attend, ask questions and vote at general meetings of the company.

The share price will be influenced by a number of factors, some of which are outside the company’s control. The factors may include:

  • the performance and prospects of the company or the industry in which the company operates;
  • political, general economic, financial and stock market conditions;
  • perceptions of investors about the above factors.

As with all listed shares, the share price of Zimplow Holdings Limited on the Zimbabwe Stock Exchange can go up or down. If you sell your shares, you may receive more or less than you originally paid for them.

The tax consequences of keeping or selling your shares, or buying more shares, depend on your own circumstances and the country in which you are resident. If you are in any doubt about your tax position, you should seek independent professional advice.

Share prices generally change on a daily basis. To value your portfolio, simply multiply the number of shares you own in Zimplow Holdings Limited by the current share price as available in the Share Chart . Note that this value excludes transaction costs, which vary by country of jurisdiction.

When you buy shares in Zimplow, or any listed company for that matter, you should get a contract note and then a share certificate from the broker through which you bought your shares. If you don’t have either of these, we recommend that you contact the broker through which you bought your Zimplow shares.

Soon after the trading session on a daily basis, the Share Chart on this website is updated with results of trading in Zimplow shares. You may also want to view the share price performance over a range of periods on our interactive share trading graph which is also available on this website. You are also encouraged to subscribe for weekly share trading alerts from us.