Cardno Limited provided an update on the Second Tranche of the Distribution relating to the sale of Cardno International Development to DT Global Australia Pty Ltd. on 30 June 2022. Cardno advised that the Second Part Payment (being an unfranked dividend of approximately AUD 18.9m (AUD 0.48 per share), which has been determined to be paid by the Cardno Board) is expected to be paid before 31 December 2022 to Cardno Shareholders as at the Record Date. The previous advised timing of the Second Part Payment was September 2022.