Sagicor Financial Corporation Ltd Dividend Declaration (9913S)
07 October 2017 - 3:09AM
UK Regulatory
TIDMSFI
RNS Number : 9913S
Sagicor Financial Corporation Ltd
06 October 2017
Sagicor Financial Corporation LIMITED
NOTICE of record date for payment of
INTERIM dividend ON COMMON shares and CURRENCY conversionS
FOR
bds$, tt$ AND gbp
NOTICE is hereby given that the Directors of Sagicor Financial
Corporation Limited ("the Company") have by resolution declared an
interim dividend of 2.5 cents per share United States currency
(US$) on the issued and outstanding common shares of the Company,
to be paid on November 15, 2017 to the registered holders of the
common shares of record at the close of business on October 18,
2017 (the "Common Shareholders") which shall include payment
thereof to the depository interest holders (the "Depositary
Interest Holders").
NOTICE is further given that the Directors of the Company have
by resolution fixed:
1) The currency conversion rate for the payment in Barbados
currency ("BDS$") of the interim dividend to Common Shareholders
resident in Barbados at US$0.50 to BDS$1.00.
2) The Currency Conversion Record Date of October 18, 2017 for
the purpose of determining the conversion rate for the payment of
the interim dividend in:
a) Trinidad and Tobago currency ("TT$") to the Common
Shareholders resident in Trinidad and Tobago, such currency
conversion to be calculated as the average of the exchange selling
rate of the US$ to TT$ as published by the Central Bank of Trinidad
and Tobago at the close of business on the five business days
immediately preceding October 18, 2017, and
b) Pounds Sterling ("GBP") to the Depository Interest Holders
registered on the Depositary Interest Register maintained by the
Company in the United Kingdom, such currency conversion to be
calculated as the average of the spot exchange rate of the US$ to
GBP as published by the Bank of England at the close of business on
the five business days immediately preceding October 18, 2017.
Common Shares will trade "ex div" from October 16, 2017. Only
those Common Shareholders and Depositary Interest Holders of record
on October 18, 2017 will be entitled to receive the interim
dividend.
Dated October 6, 2017.
By Order of the Board of Directors
Althea C. Hazzard
Corporate Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
END
DIVMFBFTMBMMBRR
(END) Dow Jones Newswires
October 06, 2017 12:09 ET (16:09 GMT)
Sagicor Financial (LSE:SFI)
Historical Stock Chart
From Apr 2024 to May 2024
Sagicor Financial (LSE:SFI)
Historical Stock Chart
From May 2023 to May 2024