Earnings forecast half year December 2022 and dividend announcement.
The Director’s are pleased to advise that based on unaudited management accounts for the half-year to 31
December 2022 consolidated sales revenue was $119m.
Profit after income tax (PAT) is expected to be around $12.7m.
Final half-year results will be released to the market in late February 2023.
Directors have declared a fully franked interim dividend of 20.0 cents per share, with a record date of 23
March 2023, to be paid on 6 April 2023.
Please also refer to ASX Notification of Dividend released separately.
The Directors advise that the Supply Network Limited Dividend Reinvestment Plan (DRP) will be
operating in respect of the interim dividend.
The Directors give notice that all Participating Shares in the prior final dividend will continue to be
Participating Shares for the interim dividend. Shareholders may update their DRP instruction by
contacting the Share Registry.
Subject to the Rules of the DRP, DRP participants will be issued shares at a discount of 2.5% to the
volume weighted average market price of the shares (on an ex-dividend basis) during the five business
days subsequent to and inclusive of the ex-dividend date. The Directors also advise that the DRP Market
Price in relation to the interim dividend will be capped at $11.00 per share.
The latest date for the DRP election notices or variations to be received by the Share Registry is the 28
March 2023.
Authorised by the Board of Supply Network Limited
The Director’s are pleased to advise that based on unaudited management accounts for the half-year to 31
December 2022 consolidated sales revenue was $119m.
Profit after income tax (PAT) is expected to be around $12.7m.
Final half-year results will be released to the market in late February 2023.
Directors have declared a fully franked interim dividend of 20.0 cents per share, with a record date of 23
March 2023, to be paid on 6 April 2023.
Please also refer to ASX Notification of Dividend released separately.
The Directors advise that the Supply Network Limited Dividend Reinvestment Plan (DRP) will be
operating in respect of the interim dividend.
The Directors give notice that all Participating Shares in the prior final dividend will continue to be
Participating Shares for the interim dividend. Shareholders may update their DRP instruction by
contacting the Share Registry.
Subject to the Rules of the DRP, DRP participants will be issued shares at a discount of 2.5% to the
volume weighted average market price of the shares (on an ex-dividend basis) during the five business
days subsequent to and inclusive of the ex-dividend date. The Directors also advise that the DRP Market
Price in relation to the interim dividend will be capped at $11.00 per share.
The latest date for the DRP election notices or variations to be received by the Share Registry is the 28
March 2023.
Authorised by the Board of Supply Network Limited
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( DYOR )
i hold SNL
i bought in April 2015 @ $2.48 , has been an unexpected multi-bagger for me
