The Board of Cardno Limited announced that it has determined to distribute an unfranked dividend of AUD 10.8 million (27.6 cents per share) to Cardno shareholders on the register of Cardno as at the record date on 11 April 2024. The Special Dividend will be paid on 29 April 2024. This distribution reflects the repatriation of USD 5.9 million of collections from Insus related to three positive legal claims in first half 2024 and the collection of $1.5 million related to the sale of Cardno International Development to DT Global Australia Pty Ltd. Prior to this distribution, the Head Office cash balance on 2 April 2024 was $12.71 million.

Shares commence trading on an ?ex Special Dividend? of 10 April 2024.