At Chobe we believe in shared value through achieving competitive advantage by strengthening the communities in which we operate. We distribute financial value to our employees, providers of loan capital, shareholders and government whilst retaining a proportion for expansion and growth.
Chobe Holdings Ltd (CHO)
BWP 17.51
➤
0.34
Chobe Holdings Limited Stock Price
Investor Relations
Making a case for Conservation
Integrated Reports
2024
Integrated Report
Integrated Report for the year ended 29 February 2024.
Value Distribution Statement
| VALUE ADDED | 2024 BWP '000s | 2023 BWP '000s |
|---|---|---|
| Revenue | 543,135 | 410,917 |
| Other income | 28,112 | 17,070 |
| Finance income | 730 | 923 |
| Share of associate loss | - | (935) |
| Other expenditure | (185,481) | (133,756) |
| Value created | 386,496 | 294,219 |
| VALUE DISTRIBUTED | 2024 BWP '000s | 2023 BWP '000s |
|---|---|---|
| To employees | 101,348 | 84,479 |
| Net salaries, wages and other benefits | 101,348 | 84,479 |
| To providers of loan capital | 463 | 1,041 |
| Finance cost | 463 | 1,041 |
| To shareholders | 53,664 | - |
| Dividends paid | 53,664 | - |
| To government | 101,568 | 51,269 |
| Taxation | 52,829 | 11,711 |
| Pay as You Earn | 14,680 | 11,137 |
| Resource Royalties, lease rentals, licenses and other fees | 34,059 | 28,421 |
| Retained for expansion and growth | 129,453 | 157,430 |
| Depreciation and amortisation | 33,684 | 33,510 |
| Deferred tax | 1,313 | 19,334 |
| Profit for the year | 148,120 | 104,586 |
| Dividends paid | (53,664) | - |
| Value distributed | 386,496 | 294,219 |
Value Distribution Ratios
Value distributed to stakeholders.
VALUE DISTRIBUTED 2024
VALUE DISTRIBUTED 2023
EMPLOYEES
26%
29%
PROVIDERS OF LOAN CAPITAL
0%
0%
SHAREHOLDERS
14%
0%
GOVERNMENT
26%
17%
RETAINED FOR EXPANSION AND GROWTH
34%
54%
Compulsory Dematerialization of Shares
Reference is made to Directive 1 of 2014 by the Non-Bank Financial Institutions Regulatory Authority (NBFIRA), which compels shareholders who still hold physical share certificates to open a Central Securities Depository (CSD) account and deposit their shareholding in an electronic account.
Those who still have physical share certificates are urged to contact the following Botswana Stock Exchange registered brokers for assistance with the dematerialization process. This process entails account opening and transfer of shares from the physical register to the CSD account.
Imara Capital Securities
+267 3188886
[email protected]
Motswedi Securities
+267 3188627
[email protected]
Stockbrokers Botswana – Brokerage Services Suspended
+267 3957900
[email protected]
For any queries or further assistance related to dematerialization, please reach out to the Central Securities Depository Company of Botswana at [email protected] or on 3674400/11/12.
Shareholder Contact Details
All Shareholders are reminded to keep their contact information up-to-date. Please contact your stockbroker.
Unclaimed Dividends
In terms of clause 27.5 of the Company’s Constitution, dividends unclaimed for three years after due date for payment may become the property of the Company and used for the benefit of the Company.
The Company’s Transfer Secretaries contact details are:
DPS Consulting Proprietary Limited
Plot 28892 (Portion of plot 50370)
Twin Towers, West Wing-First Floor
Fairground, Gaborone
P.O. Box 1453
Gaborone
+ 267 395 2011