Seeka’s intention is to declare dividends each financial year. The annual dividend payment will not exceed 75% of operating cashflow net of maintenance capital investment and contracted debt reduction.
Dividends will be paid in two tranches, normally in March and September, and announced in conjunction with the release of the half year and full year results.
The Directors reserve the right to amend the policy at any time. Each dividend will be determined after due consideration of the capital requirements, operating performance, financial position and cashflows of the company at the time.