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Kitwave Group plc's Board announced on 4 March 2025 a proposal to pay a final dividend of 7.45 pence per ordinary share for the twelve months ended 31 October 2024, which would result in a total dividend for the year of 11.30 pence per ordinary share if approved. This proposal will be presented to shareholders for approval at the Annual General Meeting on 28 March 2025, with the dividend, if approved, payable on 25 April 2025 to shareholders on the register as of 14 March 2025, following an ex-dividend date of 13 March 2025.
| Date | 5 Mar 2025 |
| Time | 07:00:09 |
| Category | Capital structure |
| ID | 3523Z |
05 March 2025
Kitwave Group plc
("Kitwave", the "Group" or the "Company")
Dividend Timetable
Kitwave Group plc (AIM: KITW), the delivered wholesale business, announced on 4 March 2025 the Board's proposal to pay a final dividend totalling 7.45 pence per ordinary share in respect of the twelve months ended 31 October 2024. If approved, this will result in a total dividend for the year of 11.30 pence per ordinary share.
This will be presented to shareholders for approval at the Annual General Meeting of the Company to be held on 28 March 2025.
The dividend will be paid on 25 April 2025 to shareholders on the register of members as at close on 14 March 2025, the ex-dividend date will be 13 March 2025.
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For further information please contact:
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Kitwave Group plc Ben Maxted, Chief Executive Officer David Brind, Chief Financial Officer |
Tel: +44 (0) 191 259 2277 |
|
Canaccord Genuity Limited Bobbie Hilliam Elizabeth Halley-Stott |
Tel: +44 (0) 20 7523 8150 |
|
Yellow Jersey PR Charles Goodwin Shivantha Thambirajah Bessie Elliot
|
Tel: +44 (0) 20 3004 9512 |
Company Overview
Founded in 1987, following the acquisition of a single-site confectionery wholesale business based in North Shields, United Kingdom, Kitwave is a delivered wholesale business, specialising in selling and delivering impulse products, frozen, chilled and fresh foods, alcohol, groceries and tobacco to approximately 46,000, mainly independent, customers.
With a network of 37 depots, Kitwave is able to support delivery throughout the UK to a diverse customer base, which includes independent convenience retailers, leisure outlets, vending machine operators, foodservice providers and other wholesalers, as well as leading national retailers.
The Group's growth to date has been achieved both organically and through a strategy of acquiring smaller, predominantly family-owned, complementary businesses in the fragmented UK grocery and foodservice wholesale market.
Kitwave Group plc (AIM: KITW) was admitted to trading on AIM of the London Stock Exchange on 24 May 2021.
For further information, please visit: www.kitwave.co.uk.