Anglo Pacific Group PLC Announces Scrip Dividend Circular Released
LONDON, UNITED KINGDOM--(Marketwired - Dec 12, 2014) - Anglo Pacific Group PLC (
Anglo Pacific Group PLC
Scrip Dividend Circular Released
Anglo Pacific Group PLC ("Anglo Pacific" or the "Company") (
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 £1.089 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: | http://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.
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