Anglo-Eastern Plantations PLC Dividend Declaration (9708W)
April 24 2019 - 9:01AM
UK Regulatory
TIDMAEP
RNS Number : 9708W
Anglo-Eastern Plantations PLC
24 April 2019
Anglo-Eastern Plantations Plc
("AEP" or the "Company")
Final dividend - determination of US$ Dollar equivalent and
Dividend Reinvestment Plan
Further to the announcement released on 24 April 2019 by
Anglo-Eastern Plantations Plc, the Company proposes to pay a final
dividend of 3.0cts per share in respect of the year ended 31
December 2018 (2017: 4.0cts). Subject to the approval by
shareholders at the Annual General Meeting, the final dividend will
be paid on 12 July 2019 to those shareholders on the register on 7
June 2019.
In addition, the Company announced that shareholders can choose
to receive dividends in Pounds Sterling and they can do so at the
rate ruling on 7 June 2019, being the dividend record date. In the
absence of any specific instruction up to the date of closing of
the register on 7 June 2019, shareholders with addresses in the UK
are deemed to have elected to receive their dividends in Sterling
and those with addresses outside of UK in US Dollar. Based on the
exchange rate at 17 April 2019 of $1.30/GBP, the proposed dividend
would be equivalent to 2.3p (2017: 2.8p). The last day to elect to
receive or revoke a currency election is 17 June 2019.
The Company operates a dividend re-investment plan ("DRIP").
Holders of shares may elect to reinvest their final dividend*. The
latest election date is 17 June 2019.
For further enquiries, contact:
Anglo-Eastern Plantations Plc
Dato' John Lim Ewe Chuan +44 (0)20 7216 4621
Panmure Gordon (UK) Limited
Dominic Morley +44 (0)20 7886 2954
* Any holder wishing to participate in the Dividend Reinvestment
Plan or wanting to change their
previous election should contact the Plan Administrator on 0371
664 0381. Calls to this number
cost 12p per minute plus any network extras.
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END
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