Driving change within the Exchange space in Africa

Lux Island Resorts Ltd has declared a dividend with an option for eligible shareholders to receive payment in EURO. This represents the first instance on the SEM of a domestic listed company offering a choice in the currency of dividend payment.

The dividend remains declared in MUR, with the EURO option made available in accordance with the terms set out in the issuer’s communiqué (click herein).

This extension of trading hours is part of the broader set of transformative changes implemented by SEM and CDS to enhance market infrastructure, support the internationalisation of our platform, and move up the value chain of services offered to our stakeholders, namely investors, investment dealers, market-makers, custodians, data distributors, and index providers.

ER Group joined the SEM Sustainability Index (SEMSI) on 13 February 2026, with a score of 78.91%, thereby adding MUR 10+ Billion to SEMSI's market capitalization standing at MUR 240+ Billion. This inclusion positions ER Group among listed issuers recognised for Environmental, Social and Governance (ESG) practices.

The SEM and the CDS are pleased to announce the extension of trading hours in April 2026 and the planned shortening of the settlement cycle to T+2 within one year, to align with global market trends.

The Board of Directors (the “Board”) of the SEM wishes to inform stakeholders that Mr Sunil Benimadhu, Chief Executive of SEM, has announced his intention to retire by July 2026.