TTR 32Red

TIDMTTR

RNS Number : 6182X

32Red Plc

23 February 2017

32Red Plc

("32Red" or "the Company")

Dividend Declaration

23 February 2017

Following the announcement by Kindred Group Plc on 23 February 2017 regarding a recommended cash offer for the Company, 32Red is pleased to announce a second interim dividend of 4 pence per share (the "Approved Dividend").

The Approved Dividend will be paid in lieu of a final dividend that would otherwise have been declared with the Company's full year results for the year ended 31 December 2016 on 9 March 2017. The Approved Dividend is not conditional on the Offer becoming wholly unconditional and will adhere to the following timetable:

   Ex-Dividend Date:          2 March 2017 
   Record Date:                 3 March 2017 
   Pay Date:                      23 March 2017 

*Capitalized terms used in this announcement, and not otherwise defined, have the same meanings given in the announcement released by Kindred Group Plc regarding a Recommended Cash Offer for the Company dated 23 February 2017 (GMT).

Enquiries:

   32Red Plc                                                                    Tel. +00 350 200 49396 

Ed Ware, CEO

Jon Hale, CFO

Numis Tel . +44 (0) 20 7260 1000

Michael Meade (Nominated Adviser)

Richard Thomas (Corporate Broking & Advisory)

Chris Wilkinson (Corporate Broking & Advisory)

Michael Burke (Corporate Broking & Advisory)

   Hudson Sandler                                                           Tel. +44 (0) 207 796 4133 

Alex Brennan 32Red@hudsonsandler.com

Bertie Berger

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 23, 2017 02:02 ET (07:02 GMT)

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