Last checked at 24 Apr 2018 10:01
Anglo-Eastern Plantations Plc
("AEP" or the "Company")
Final dividend - determination of U$ Dollar equivalent and Dividend Reinvestment Plan
Further to the announcement released on 24 April 2018 by Anglo-Eastern Plantations Plc, the Company proposes to pay a final dividend of 4.0cts per share in respect of the year ended 31 December 2017 (2016: 3.8cts equivalent). Subject to the approval by shareholders at the Annual General Meeting, the final dividend will be paid on 13 July 2018 to those shareholders on the register on 8 June 2018.
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 8 June 2018, being the dividend record date. Based on the exchange rate at 18 April 2018 of $1.42/£, the proposed dividend would be equivalent to 2.8p (2016: 3.0p). The last day to elect to receive or revoke a currency election is 18 June 2018.
The Company operates a dividend re-investment plan ("DRIP"). Holders of shares may elect to reinvest their final dividend*. The latest election date is 18 June 2018.
For further enquiries, contact:
Anglo-Eastern Plantations Plc
Dato' John Lim Ewe Chuan +44 (0)20 7216 4621
Panmure Gordon (UK) Limited
Andrew Godber + 44 (0)20 7886 2500
* 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.