TIDMGLO

RNS Number : 4128G

ContourGlobal PLC

17 March 2020

For immediate release

17 March 2020

ContourGlobal plc ("ContourGlobal")

Quarterly dividend update

The Board of ContourGlobal announces that it has approved a quarterly dividend, for the three months ended 31 December 2019, of USD 3.6901 cents per share, equivalent to $24.75 million. This dividend reflects the Group's target of 10% year-on-year dividend growth supported by ContourGlobal's strong and predictable cash flow generation.

The quarterly dividend will be paid on 9 April 2020 to shareholders on the register at 27 March 2020.

The April dividend of $24.75 million, will be paid as follows:

Dividend per share in USD: 3.6901 cents per share

Exchange rate: GBGBP1 = US$1.23255

Dividend per share in GBP: 2.9939 pence per share

Ex-dividend date: 26 March 2020

Record date: 27 March 2020

Payment date: 9 April 2020

It is intended that the timing of the quarterly dividend for the remainder of the year will be as follows. Payment subject to Board approval.

 
 Announcement   28 May    6 Aug     27 Oct 
 Ex-date        4 June    3 Sept    3 Dec 
               --------  --------  ------- 
 Record date    5 June    4 Sept    4 Dec 
               --------  --------  ------- 
 Payment date   26 June   25 Sept   29 Dec 
               --------  --------  -------

About ContourGlobal

ContourGlobal is listed on the premium segment of the London Stock Exchange (TKR: GLO). ContourGlobal is an international owner and operator of contracted wholesale power generation businesses with approximately 4.8 GW in operation in 18 countries. ContourGlobal operates a portfolio of 107 thermal and renewable power plants across Europe, Latin America, and Africa utilizing a wide range of technologies.

ENQUIRIES

Investor Relations - ContourGlobal plc

John Smelt

Tel: +44 (0) 203 62690 47

Mob: +44 (0) 7500 129 218

john.smelt@contourglobal.com

Media - Brunswick

Charles Pretzlik/Simon Maine

Tel: +44 (0) 207 404 5959

Contourglobal@brunswickgroup.com

ENDS

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END

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March 17, 2020 03:00 ET (07:00 GMT)

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