Kitwave Regulatory News (KITW)

05 March 2025

Kitwave Group plc

("Kitwave", the "Group" or the "Company")

Dividend Timetable

Kitwave Group plc (AIM: KITW), the delivered wholesale business, announced on 4 March 2025 the Board's proposal to pay a final dividend totalling 7.45 pence per ordinary share in respect of the twelve months ended 31 October 2024. If approved, this will result in a total dividend for the year of 11.30 pence per ordinary share.

This will be presented to shareholders for approval at the Annual General Meeting of the Company to be held on 28 March 2025.

The dividend will be paid on 25 April 2025 to shareholders on the register of members as at close on 14 March 2025, the ex-dividend date will be 13 March 2025.

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Company Overview

Founded in 1987, following the acquisition of a single-site confectionery wholesale business based in North Shields, United Kingdom, Kitwave is a delivered wholesale business, specialising in selling and delivering impulse products, frozen, chilled and fresh foods, alcohol, groceries and tobacco to approximately 46,000, mainly independent, customers.

With a network of 37 depots, Kitwave is able to support delivery throughout the UK to a diverse customer base, which includes independent convenience retailers, leisure outlets, vending machine operators, foodservice providers and other wholesalers, as well as leading national retailers. 

The Group's growth to date has been achieved both organically and through a strategy of acquiring smaller, predominantly family-owned, complementary businesses in the fragmented UK grocery and foodservice wholesale market.

Kitwave Group plc (AIM: KITW) was admitted to trading on AIM of the London Stock Exchange on 24 May 2021.

For further information, please visit: www.kitwave.co.uk.