ZAFFICO Announces ZMW 12 Million Dividend for FY 2021

The only listed tree processing company on the Lusaka Securities and Exchange has announced at 12 Million Kwacha Dividend to be paid to its investors, according to a published statement from ZAFFICO.

Photo from ZAFFICO website

At the 20th Annual General Meeting (“AGM”) held virtually on the 24 th of May 2022, a Final Dividend of ZMW
12million at ZMW 0.03 per share for the financial year ended 31 st December 2021 was approved by the shareholders of Zambia Forestry and Forest Industries Corporation PLC (“ZAFFICO”)”, read a statement issued by Pangaea Securities on behalf of the Board through Chanza Sikazwe (Mr.) Company Secretary on 31 May 2022.

In accordance with the requirements of the Securities Act No. 41 of 2016 and the Listing Rules of the Lusaka
Securities Exchange, notice is hereby given that the dividend shall be payable to shareholders registered in the
Company’s books at the close of business on Friday 24 th June 2022 payable on or before 27th June, 2022. Therefore, the last trading day to be eligible to receive the dividend is 21st June 2022″.

According to the company’s transfer agent, contact details have been provided. “To this effect, shareholders are advised to up-date their banking details and addresses. This can be done by getting in touch with our Transfer Agents, Corpserve via email on:


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