The Konekt Limited board has declared a fully franked special dividend of $0.05 per Konekt share held on the relevant record date, subject to the Scheme becoming effective. Accordingly, on the basis the Scheme becomes Effective, Konekt shareholders will receive total cash payments of $0.70 per share comprising: a fully franked Special Dividend of $0.05 per Konekt share held by each Konekt shareholder on 11 December 2019 (conditional on the Scheme becoming effective); and the Scheme consideration of $0.65 per Konekt share held by each Konekt shareholder on 16 December 2019. Payment of both the Special Dividend and the Scheme Consideration is expected to be made on the Implementation Date (expected to be 20 December 2019).