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for the interim dividend for the year ending Dec. 31, 2014, of 4.45 British pence per ordinary share has been withdrawn.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 Consequently, the scrip dividend alternative has been withdrawn and the interim dividend will be paid wholly in cash on Feb. 4, 2015.
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