Action Hotels PLC Correction: Notice of Results & Dividend Timetable (2449Y)
January 22 2014 - 5:34AM
UK Regulatory
TIDMAHCG
RNS Number : 2449Y
Action Hotels PLC
22 January 2014
This announcement replaces the earlier announcement made today
at 7.00am, please note the correction which was the result of a
minor typographical error, is in the second paragraph. The text now
reads that "to be paid on 30 May 2014, subject to approval of the
dividend at the Company's annual general meeting which is expected
to occur on 29 May 2014"
22 January 2014
Action Hotels plc
("Action Hotels" or the "Company")
Financial Results Publication Date and Dividend Timetable
The Board of Action Hotels advises that it will announce its
audited final results for the year ended 31 December 2013 on 7
April 2014.
As set out in the Company's admission document dated 17 December
2013, the Board intends to propose a final dividend in respect of
the year ended 31 December 2013 of 0.96p per share which is
expected to be paid on 30 May 2014, subject to approval of the
dividend at the Company's annual general meeting which is expected
to occur on 29 May 2014. It is expected that the Company's ordinary
shares will be marked ex-entitlement to such dividend on 7 May 2014
and the dividend will be payable to all shareholders on the
Company's share register at the close of business on 9 May 2014.
Save that, as announced at the time of the Company's admission to
trading on AIM, the major shareholder, Action Group Holding Company
(K.S.C.C), has waived its entitlement to this dividend.
For further enquiries, please contact:
Action Hotels plc
Alain Debare, Chief Executive Officer
Alaister Murray, Finance Director +971 (4) 328 9211
Sanlam Securities UK Limited
Lindsay Mair/Virginia Bull/Richard Goldsmith
(Corporate Finance) +44 (0) 20 7628
Katie Shelton (Corporate Broking) 2200
This information is provided by RNS
The company news service from the London Stock Exchange
END
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