Anglo Pacific Group PLC Scrip Dividend Circular Released (5784Z)
12 December 2014 - 6:00PM
UK Regulatory
TIDMAPF
RNS Number : 5784Z
Anglo Pacific Group PLC
12 December 2014
News Release
December 12, 2014
Anglo Pacific Group PLC
Scrip Dividend Circular Released
Anglo Pacific Group PLC ("Anglo Pacific" or the "Company") (LSE:
APF, TSX: APY) announces that a circular has today been sent to
shareholders in relation to the scrip dividend alternative,
approved by shareholders at the Company's Annual General Meeting on
June 11, 2014 (the "Scrip Dividend Alternative"). The Scrip
Dividend Alternative provides shareholders on the register on
November 28, 2014 the option to take the interim dividend of 4.45p
per share for the year ending December 31, 2014 in new ordinary
shares instead of cash.
Under the terms of the Scrip Dividend Alternative, shareholders
who elect to receive the interim dividend in the form of new
ordinary shares will receive one new ordinary share for every
GBP1.089 of cash dividend otherwise payable. The Scrip Dividend
Alternative is subject to the condition that if on January 14, 2015
the ordinary share price is equal to or less than 92p, the Scrip
Dividend Alternative will automatically be cancelled and a cash
dividend paid as if the offer and elections pursuant to it had not
been made. Forms of election must be returned by 5.00pm on January
14, 2015.
The Company has been notified that persons connected with Mr.
Julian Treger and Mr. Mike Blyth, the Company's Chief Executive
Officer and Chairman respectively, will be electing to receive the
Scrip Dividend Alternative.
Copies of the circular will be available shortly for inspection
via the UK Listing Authority's National Storage Mechanism. Copies
can also be found on the Company's website
www.anglopacificgroup.com.
For further information:
Anglo Pacific Group PLC
Mike Blyth - Chairman
Julian Treger - Chief Executive
Officer
Peter Mason - Company Secretary +44 (0) 20 3435 7400
Website: www.anglopacificgroup.com
Notes to editors:
About Anglo Pacific
Anglo Pacific is a global natural resources royalty company. The
Company's strategy is to develop a leading international
diversified royalty company with a portfolio centred on base metals
and bulk materials, focusing on accelerating income growth through
acquiring royalties on projects that are currently cash flow
generating or are expected to be within the next 24 months. It is a
continuing policy of the Company to pay a substantial portion of
these royalties to shareholders as dividends.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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