The share price will be influenced by a number of factors, some of which are outside the company’s control. The factors may include:

  • the performance and prospects of the company or the industry in which the company operates;
  • political, general economic, financial and stock market conditions;
  • perceptions of investors about the above factors.

As with all listed shares, the share price of Meikles Africa Limited on the Zimbabwe Stock Exchange and the London Stock Exchange can go up or down. If you sell your shares, you may receive more or less than you originally paid for them.

The tax consequences of keeping or selling your shares, or buying more shares, depend on your own circumstances and the country in which you are resident. If you are in any doubt about your tax position, you should seek independent professional advice.

Share prices generally change on a daily basis. To value your portfolio, simply multiply the number of shares you own in Meikles by the current share price as available in the Share Chart. Note that this value excludes transaction costs, which vary by country of jurisdiction.

When you buy shares in Meikles, or any listed company for that matter, you should get a contract note and then a share certificate from the broker through which you bought your shares. If you don’t have either of these, we recommend that you contact the broker through which you bought your Meikles shares.

Our share registrars for both the Zimbabwe and the London registers are as follows:

Zimbabwe registrars

ZB Bank Limited
First Floor ZB Centre
P.O Box 2540
Corner First Street / Kwame Nkrumah Avenue
Telephone: +263-4-796842/44; 759660/9
Harare
Zimbabwe

London registrars

Computershare Services PLC
P.O. Box 82
The Pavilions
Bridgewater
Bristol BS99 7NH
Telephone: +44-870-702 0001
United Kingdom

Soon after the trading session on a daily basis, the Share Chart on this website is updated with results of trading in Meikles shares. You may also want to view the share price performance over a range of periods on our interactive share trading graph which is also available on this website. You are also encouraged to subscribe for weekly share trading alerts from us.

The ownership of a company can be shared by many people and organisations. A share is a unit of ownership. When you own a share you become a part-owner (shareholder) of a company and you will have the right to receive any dividends paid on each share that you own, receive an electronic or paper copy or summary of the company’s annual report and financial statements as well as any other shareholder communications. You will also have the right to attend, ask questions and vote at general meetings of the company.

It depends on the type of the dividend declared. If it’s a purely cash dividend, you do not have an option to take up shares instead. However, if a cash dividend with a scrip option is declared, you can opt to receive more shares in the company. If you are paid your dividend in cash, you can ask your broker to reinvest the proceeds into Meikles shares on your behalf.

Yes, this is possible. You need to contact our registrars in the jurisdiction where you bought the Meikles shares and they will assist you.

Meikles normally pays dividends twice a year, the announcements of which are made upon the release of the interim and final financial results. Register to receive such notifications in the future.

Our physical and postal addresses as well as our telephone and fax numbers appear at the bottom of each page of this website.

It is our primary goal to communicate with all stakeholders electronically. If you would like to receive future communications from the Company by e-mail, please subscribe to receive the relevant alerts from us.

Our annual reports are available for download in PDF from the ‘Downloads’ section of this website. If you subscribe to receive financial reports from us, we will send you the links to the reports upon release. Hardcopies may be requested from the Company Secretary as well.

Our financial year end is 31 March. Full year results are usually released in June same year. Our half year end is 30 September and the interim results are released in or before December same year. We recommend that you subscribe for free email alerts to be notified of the release of our results.

A dividend is a taxable sum of money declared by a company’s board of directors and given to its shareholders out of the company’s current or retained earnings. Dividends are usually given as cash (cash dividend), but they can also take the form of stock (scrip dividend) or other property. There is no guarantee that a company will make dividend payments in any given year or years.

You should contact our Registrars, who will check the payment details and, if appropriate, issue a replacement cheque. To avoid this problem in future you may wish to consider having your dividends paid electronically into your bank or building society account. To do so, you need to provide our registrars with your banking details and instruct them to this effect.