20:49:30 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Anglo Pacific Group PLC
Symbol APY
Shares Issued 116,431,796
Close 2014-11-21 C$ 3.48
Market Cap C$ 405,182,650
Recent Sedar Documents

Anglo Pacific cancels scrip dividend alternative

2015-01-15 07:11 ET - News Release

Mr. Julian Treger reports

ANGLO PACIFIC GROUP PLC: CANCELLATION OF SCRIP DIVIDEND ALTERNATIVE

Anglo Pacific Group PLC's scrip dividend alternative for the interim dividend for the year ending Dec. 31, 2014, of 4.45 British pence per ordinary share has been withdrawn.

As per the shareholder circular sent to shareholders on Dec. 12, 2014, where the ordinary share price is equal to or less than 92 British pence on Jan. 14, 2015, the scrip dividend alternative will be cancelled and a cash dividend paid as if the offer and elections pursuant to it had not been made. Recent market volatility has resulted in a decline in the value of Anglo Pacific shares to below this level as at market close yesterday. Consequently, the scrip dividend alternative has been withdrawn and the interim dividend will be paid wholly in cash on Feb. 4, 2015.

© 2024 Canjex Publishing Ltd. All rights reserved.