Printed: Aug. 17, 2022 at 12:14 AM EDT|Up to date: 23 minutes in the past
GUANGZHOU, China, Aug. 17, 2022 /PRNewswire/ — MINISO Group Holding Restricted (NYSE: MNSO; HKEx: 9896) (“MINISO”, “MINISO Group” or the “Firm”), a worldwide retailer providing quite a lot of design-led life-style merchandise, immediately introduced a particular money dividend.
MINISO’s board of administrators has accepted a particular money dividend within the quantity of US$0.172 per ADS or US$0.043 per peculiar share, payable as of the shut of enterprise on September 9, 2022 to the holders of ADS and peculiar shares of file as of the shut of enterprise on August 31, 2022, New York Time and Beijing/Hong Kong Time, respectively. The ex-dividend date can be August 30, 2022. The combination amount of money dividends to be paid is roughly US$53.5 million (RMB360.8 million), which can be funded by surplus money on the Firm’s stability sheet.
For holders of peculiar shares, in an effort to qualify for the dividend, all legitimate paperwork for the switch of shares accompanied by the related share certificates have to be lodged for registration with the Firm’s Hong Kong department share registrar, Computershare Hong Kong Investor Providers Restricted, at Outlets 1712-1716, seventeenth Flooring, Hopewell Centre, 183 Queen’s Highway East, Wanchai, Hong Kong no later than 4:30 p.m. on August 31, 2022 (Beijing/ Hong Kong Time).
MINISO paid a money dividend of US$0.156 per ADS or US$0.039 per peculiar share in September 2021. Below the Firm’s present dividend coverage, the dedication to make dividend distributions and the quantity of such distribution can be made on the discretion of its board of administrators and can be primarily based upon the Firm’s operations and earnings, money stream, monetary situation and different related elements.
MINISO’s internet money flows from working actions have been RMB1,038.5 million, RMB826.5 million and RMB916.3 million within the fiscal years of 2019, 2020 and 2021, and RMB918.8 million and RMB1,048.2 million within the 9 months ended March 31, 2021 and 2022.
About MINISO Group
MINISO is a worldwide retailer providing quite a lot of design-led life-style merchandise. The Firm serves shoppers primarily by its massive community of MINISO shops, and promotes a soothing, treasure-hunting and interesting purchasing expertise filled with pleasant surprises that appeals to all demographics. Aesthetically pleasing design, high quality and affordability are on the core of each product in MINISO’s extensive product portfolio, and the Firm regularly and ceaselessly rolls out merchandise with these qualities. Because the opening of its first retailer in China in 2013, the Firm has constructed its flagship model “MINISO” as a globally acknowledged retail model and established an enormous retailer community worldwide. For extra data, please go to https://ir.miniso.com/.
Secure Harbor Assertion
This announcement accommodates forward-looking statements. These statements are made beneath the “secure harbor” provisions of the U.S. Personal Securities Litigation Reform Act of 1995. These forward-looking statements may be recognized by phrases or phrases similar to “could,” “will,” “count on,” “anticipate,” “purpose,” “estimate,” “intend,” “plan,” “consider,” “is/are prone to,” “potential,” “proceed” or different related expressions. MINISO might also make written or oral forward-looking statements in its periodic experiences to the U.S. Securities and Alternate Fee (the “SEC”), in its annual report back to shareholders, in press releases and different written supplies and in oral statements made by its officers, administrators or staff to 3rd events. Statements that aren’t historic details, together with statements about MINISO’s beliefs and expectations, are forward-looking statements. Ahead-looking statements contain inherent dangers and uncertainties. Quite a lot of elements may trigger precise outcomes to vary materially from these contained in any forward-looking assertion, together with however not restricted to the next: MINISO’s mission, targets and methods; future enterprise growth, monetary situations and outcomes of operations; the anticipated development of the retail market and the market of branded selection retail of life-style merchandise in China and globally; expectations relating to demand for and market acceptance of MINISO’s merchandise; expectations relating to MINISO’s relationships with shoppers, suppliers, MINISO Retail Companions, native distributors, and different enterprise companions; competitors within the trade; proposed use of proceeds; and related authorities insurance policies and laws referring to MINISO’s enterprise and the trade. Additional data relating to these and different dangers is included in MINISO’s filings with the SEC. All data offered on this press launch and within the attachments is as of the date of this press launch, and MINISO undertakes no obligation to replace any forward-looking assertion, besides as required beneath relevant legislation.
The conversion of Renminbi (RMB) into US$ on this press launch is predicated on the trade fee set forth within the H.10 statistical launch of the Board of Governors of the Federal Reserve System as of August 12, 2022, which was RMB6.7425 to US$1.0000.
Investor Relations Contact:
MINISO Group Holding Restricted
E mail: [email protected]
Cellphone: +86 (20) 36228788 Ext.8039
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