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amaysim Australia Ltd Annual Report 2016

8

Dividends

Consistent with the

dividend policy included

in the Prospectus, the

Directors declared a final

dividend of 5.3 cents per

share on 18 August 2016,

unfranked with payment

on 7 October 2016.

The following table includes information relating to dividends paid or declared in respect of FY16:

Type

Cents per

share

Total amount

$’000

Date of payment

In respect of the current financial year

Interim

3.0

5,351

14 April 2016

Final

5.3

9,716

7 October 2016

Total

8.3

15,067

In respect of the previous financial year

NIL

In line with the Prospectus, it is the intention of the Board to continue to target a dividend payout ratio of between

60%-80% of amaysim’s Underlying NPATA subject to available profits and the financial position of the business

(Dividend Policy).

The payment of a dividend is at the discretion of the Directors and will be a function of a number of factors

including the general business environment, the operating results and financial condition of amaysim, future funding

requirements, capital management initiatives, taxation considerations (including the level of franking credits

available), any contractual, legal or regulatory restrictions on the payment of dividends by amaysim, and any other

factors the directors consider relevant.