Spur Corporation Limited announced that the interim dividend declaration for the six month period ended 31 December 2019 announced on 27 February 2020. The interim 2020 dividend amounts to ZAR 71 million (the equivalent of 78 cents per share for each of the 90,966,932 ordinary shares in issue) and is due to be paid on 6 April 2020, to shareholders recorded in the Company's share register at the record date of 3 April 2020. The last date to trade to qualify for the dividend is 31 March 2020. Following the announcement by President Cyril Ramaphosa on 23 March 2020 of a 21-day lockdown in South Africa in response to the COVID-19 pandemic, all the Group's restaurants operating in South Africa ceased trading on 26 March 2020. The Company's board of directors believes that it is in the best interests of the Company and its stakeholders to preserve cash reserves during this period of uncertainty. Accordingly the Board has resolved to defer the payment of the interim 2020 dividend for a period of six months until 5 October 2020, subject to compliance with the South African Companies Act and JSE Listings Requirements at that time. This precautionary act will give the Company greater balance sheet flexibility as the situation develops over the coming weeks and months.