Xpediator PLC Scrip Dividend (6545N)
May 21 2020 - 9:00AM
UK Regulatory
TIDMXPD
RNS Number : 6545N
Xpediator PLC
21 May 2020
21 May 2020
XPEDIATOR PLC
("Xpediator" or the "Group")
Timetable and Amount for Scrip Dividend
Xpediator (AIM: XPD), a leading provider of freight management
services across the UK and Central and Eastern Europe, has today
confirmed the amount and timetable for payment of the scrip
dividend announced on 20 April 2020.
The Group will pay a full year scrip dividend of 1.05 pence per
ordinary share in respect of the year ended 31 December 2019 (the
"Scrip Dividend"), which is subject to approval by shareholders at
the Annual General Meeting on 26 May 2020. Shareholders will
receive their dividends in the form of Xpediator new ordinary
shares and the entitlements will be rounded down in accordance with
the Scrip Dividend terms and conditions. There is no requirement
for shareholders to make an election to receive the Scrip Dividend
as there is no option to elect for a cash dividend.
The Scrip Dividend reference price will be calculated as the
average of the Company's closing middle market price, as derived
from the London Stock Exchange's Daily Official List, for the five
consecutive business days commencing from the first day the
ordinary shares are quoted as trading ex-dividend, being the record
date of 12 June 2020.
A timetable for the key dates is set out below:
11 June 2020 Ex-dividend date
12 June 2020 Record date
19 June 2020 Scrip reference price announced
30 June 2020 New ordinary shares admitted to trading
on AIM
Scrip Dividend pay date
CREST accounts credited
Despatch of Scrip certificates and statements
These dates replace any dates previously advised.
The information communicated within this announcement is deemed
to constitute inside information as stipulated under the Market
Abuse Regulations (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain.
Xpediator plc Tel: +44 (0)330 043
2395
Stephen Blyth, Chief Executive Officer Email: info@xpediator.com
Cenkos Securities plc (Nominated Adviser & Tel: +44 (0)20 7397
Joint Broker) 8900
Max Hartley, Max Gould (Corporate Finance)
Nick Searle (Sales)
Cantor Fitzgerald Europe (Joint Broker) Tel: +44 (0)20 7894
7000
David Foreman, Michael Boot (Corporate Finance)
Caspar Shand Kydd, Arthur Gordon (Sales)
Novella Communications (Financial Public Relations) Tel: +44 (0)20 3151
7008
Tim Robertson
Fergus Young
About Xpediator:
Xpediator is a well-established international provider of
freight management services. Established in 1988 by Stephen Blyth,
the Group's international network of offices provides road, sea and
air freight services, together with logistics and warehousing in
the UK and Romania. The business offers integrated freight
management within the supply chain logistics and fulfilment sector,
through its three main areas: freight forwarding, logistics &
warehousing and transport services. With headquarters in Braintree,
Essex and country offices in nine CEE countries across 38 sites,
the Group currently employs over 1,000 people and was successfully
listed on London's AIM market in August 2017.
Import Services is the leading port centric logistics company in
the UK, operating from Southampton, linking intelligent networks of
supply chain services, with global real time information, to meet
the new world of retailing. For more information visit
https://importservices.co.uk
For more information, please visit: www.xpediator.com .
Alternatively, do follow us on Twitter at @Xpediator or find us
on LinkedIn at Xpediator Plc .
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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May 21, 2020 09:00 ET (13:00 GMT)
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