Carson Cumberbatch : CARS-2021-CSE-ANN-03-Announcement of First Interim Dividend 2021-22 - 8th September 2021

CARSONS MANAGEMENT SERVICES (PRIVATE) LIMITED

No. of Company : PV 315

8th September 2021

Mr. Renuke Wijayawardhane

Chief Operating Officer

Colombo Stock Exchange

• 4-01,West Block, World Trade Centre Echelon Square, Colombo 1

Our Ref.: CARS/CSE/ANN/2021/DA/03

Dear Sir,

ANNOUNCEMENT

CARSON CUMBERBATCH PLC

FIRST INTERIM DIVIDEND OF RS. 1/50 PER ORDINARY SHARE FOR THE FINANCIAL YEAR ENDING 31ST MARCH 2022

We wish to inform you that the Board of Carson Cumberbatch PLC has approved the payment of a First Interim Dividend of Rs.1/50 per Ordinary Share for the year ending 31st March 2022 to the Shareholders.

As per Article 16(2) of the Articles of Association of the Company, the payment of an Interim Dividend does not require the approval of the Shareholders.

The total dividend of Rs. 294,580,371/- would be paid entirely out of Dividend income received by the Company during the year and would not be subjected to withholding tax by the Company as per the Inland Revenue (Amendment) Act, No. 10 of 2021.

The said dividend payment would be dispatched to the Shareholders as follows in compliance with the Listing Rule 7.1(d) of the Colombo Stock Exchange.

'XD' date - Friday, 17th September 2021. The 'Record date' for the purpose of calculation of Dividend would be Wednesday, 22nd September 2021 being the 2nd Market Day from and excluding the XD date

1st payment - Within 3 Market Days from and excluding the 'Record date' to Shareholders who have provided accurate dividend disposal instructions to the CDS or the Company by providing their bank account number(s), i.e. Monday, 27th September 2021.

2nd payment - Within 12 Market Days from and excluding the 'Record date' to Shareholders who have not provided accurate bank account details or have not provided any bank account details, i.e. Friday, 8th October 2021.

We attach herewith a certified extract of Board Resolution No. CARS/2021/19 dated 7th September 2021 and the Solvency Certificate signed by the Directors of the Company pertaining to the said Dividend payment.

Contd…2/

Regd. Office : No.61, Janadhipathi Mawatha, p.o. Box 24, Colombo 01, Sri Lanka.

Telephone	: [phone]	Fax : [phone]
E-mail	: [e-mail] Web site : www.carsoncumberbatch.com
Directors	: H. Selvanathan (Chairman), M. Selvanathan, S. K. Shah, K. C. N. Fernando,

A. P. Weeratunge, Mrs. K. D. De Silva, K. Selvanathan, V. R. Wijesinghe, S. Selvanathan

A

CARSON

CUMBERBATCH

COMPANY

..2..

We undertake to forward to you a certified copy of the Certificate of Solvency issued by Messrs. KPMG, Auditors of the Company on or before the final date of dividend payment on/before Friday, 8th October 2021.

The transfer books of the Company will be kept open.

Yours faithfully,

For and on behalf of

CARSON CUMBERBATCH PLC

Carsons Management Services (Private) Limited

Director

Secretaries

Encl: a/s

-/da