The Board announced that, following the declaration of the special dividend of Alteo: 562 shareholders of Alteo opted to receive their allocation of Class A shares of Miwa Sugar ("Class A Shares") in lieu of the cash dividend, aggregating to 167,389,653 Class A Shares; a cash dividend of MUR 0.30 per share will be paid to the remaining 3,788 shareholders of Alteo; and 151,102,467 excess Class A shares that were not subscribed to will be cancelled by Miwa Sugar.
Payment of the cash dividend will also be effected on or around 20 December 2022.