MDM Engineering Group Ltd Interim Dividend Exchange rate (7246V)
December 17 2013 - 4:27AM
UK Regulatory
TIDMMDM
RNS Number : 7246V
MDM Engineering Group Ltd
17 December 2013
MDM Engineering Group Limited
("MDM" or the "Company")
Interim Dividend Exchange rate
In the announcement by MDM (AIM:MDM) of its results for the half
year ended 30 September 2013 published on 4 December 2013, the
Company declared an interim dividend of US$ 8.00 cents per share,
which includes a special dividend of US$ 3.65 cents per share. For
those shareholders of the Company who have elected to receive their
dividend in Pounds sterling, as opposed to US dollars, an exchange
rate of US$1.6296 to GBGBP1 will be used for the conversion. This
is the exchange rate as of Friday, 13 December 2013 and will result
in a dividend payment of 4.91 pence per share.
The record date for the dividend was 13 December 2013 with an
ex-dividend date 11 December 2013 and payment is expected on 22
January 2014.
Enquiries:
MDM Engineering Group Limited
Martin Smith (CEO)
George Bennett (Executive Director)
Tel: +27 (0) 11 993 4300
Canaccord Genuity Limited
NOMAD and Broker
Neil Elliot
Chris Fincken
Joe Weaving
Tel: +44 (0)20 7523 8000
Tavistock Communications
Financial Public Relations and Investor
Emily Fenton
Jos Simson
Tel: +44 (0)20 7920 3150
KEY INFORMATION:
MDM:
MDM Engineering Group Limited is a minerals process and project
management company focused on the mining industry. The Company
provides a wide range of services from preliminary and final
feasibility studies, through to plant design, construction and
commissioning. To date, the Company's clients have largely been
junior and mid-tier mining corporations with operations in
Africa.
The MDM Engineering core technical team has a 25 year track
record of completing a wide range of studies and execution projects
across a variety of minerals, including precious metals, base
metals, ferrous and non-ferrous metals, uranium and diamonds.
The Company has adopted an approach to project execution based
on an open-book Engineering, Procurement, and Construction
Management "EPCM" or "cost-plus" basis and on a Engineering,
Procurement and Construct (EPC) basis. With a core focus on Africa,
MDM Engineering is setting the benchmark standard for best practice
in the mining services industry through its commitment to providing
the highest quality services and actively engaging with clients to
ensure maximum transparency.
For more information, please visit www.mdm-engineering.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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