Gwanda Community Share Ownership Trust #3712

Created
2015-10-05
Last update
2015-10-05
Name
Gwanda Community Share Ownership Trust
Country of registration/origin
Zimbabwe
Classification
Other (please specify in comment field)
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Comment
Community trust. Blanket made a non-refundable donation of US$1.0 million to the Trust as soon as it was established and paid advance dividends of US$4million before the end of April 2013. The Trust will receive no further dividends from Blanket until the advance dividends have been repaid by the offset offuture dividends arising on the Blanket shares that are owned by the Trust.