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RNS Number : 3523Z Kitwave Group PLC 05 March 2025
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.
- Ends -
For further information please contact:
Kitwave Group plc Tel: +44 (0) 191 259 2277
Ben Maxted, Chief Executive Officer
David Brind, Chief Financial Officer
www.kitwave.co.uk (http://www.kitwave.co.uk/)
Canaccord Genuity Limited Tel: +44 (0) 20 7523 8150
(Nominated Adviser and Sole Broker)
Bobbie Hilliam
Elizabeth Halley-Stott
Yellow Jersey PR Tel: +44 (0) 20 3004 9512
(Financial media and PR)
Charles Goodwin
Shivantha Thambirajah
Bessie Elliot
kitwave@yellowjerseypr.com (mailto:kitwave@yellowjerseypr.com)
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
(http://www.kitwave.co.uk) .
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