Softcat declares maiden final dividend and declares a special for 2016

DividendMax Ltd.

Softcat declares maiden final dividend and declares a special for 2016

Dividend

A final dividend of 3.6p per share has been recommended by the directors and if approved by shareholders will be paid on 16 December 2016. The record date will be 18 November and the shares will trade ex-dividend on 17 November.

In line with the Company's stated intention to return excess cash to shareholders over time, the Board has proposed a further special dividend payment of 14.2p per share. If approved by shareholders at the Company's AGM this would also be paid alongside the final dividend in December 2016, and would bring total cash returned to shareholders since IPO to £38.5m.

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