Cardno Limited announcement to the ASX on 25 August 2022 which provided an update on the Second Part Payment of the Distribution relating to the sale of Cardno International Development to DT Global Australia Pty Ltd. ("DT Global") on 30 June 2022. The company announced that: the outstanding amount required to be paid by DT Global to Cardno relating to the Transaction (which was determined following the finalisation of the net debt and working capital adjustment process under the Share Purchase Agreement) has been agreed to be paid by 31 December 2022; and the Second Part Payment (being an unfranked dividend of approximately AUD 18.9 million (AUD 0.48 per share), which has been determined to be paid by the Cardno Board) is expected to be paid to Cardno Shareholders as at the record date (being 7:00pm (AEST) on 7 July 2022) (Record Date) as soon as practicable after 31 December 2022 and before 31 January 2023.