Caspian Sunrise plc Dividend Details (0341G)
11 November 2022 - 6:00PM
UK Regulatory
TIDMCASP
RNS Number : 0341G
Caspian Sunrise plc
11 November 2022
11 November 2022
Caspian Sunrise PLC
("Caspian Sunrise", or the "Company")
Dividend Details
Further to the Company's announcement on 4 November 2022, the
Board of Caspian Sunrise is pleased to confirm that it has today
posted a letter to shareholders confirming the details for the
payment and receipt of funds, as well as other administrative
details, of the Company's maiden dividend. This letter can be
access on the Company's website on the following link:
www.caspiansunrise.com/investors/dividends.
This maiden dividend will total $1.13 million (GBP1 million) and
will be paid as follows:
Dividend: 0.0444 pence/share
Ex-Dividend Date: 17 November 2022
Record Date: 18 November 2022
Payment Date: 16 December 2022
The size of this maiden dividend is indicative of the levels to
be expected in the future. The Board intends that the future
dividends will be paid on a monthly basis, based on the higher of
GBP1 million per month or a pay-out ratio of broadly 35-40% of free
cashflows.
Contacts
Caspian Sunrise PLC
Clive Carver
Executive Chairman +7 727 375 0202
WH Ireland, Nominated Adviser & Broker
James Joyce +44 (0) 207 220 1666
James Bavister
Andrew de Andrade
This announcement has been posted to:
www.caspiansunrise.com/investors
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END
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