Last checked at 26 Apr 2017 18:15
THE ANNOUNCEMENT BELOW REPLACES THE ANNOUNCEMENT THAT WAS RELEASED AT 16:17 TODAY
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 26 April 2017 by Anglo Eastern Plantations, the Company proposes to pay a final dividend of 3.0p per share in respect of the year ended 31 December 2016 (2015: 1.75p). Subject to the approval by shareholders at the Annual General Meeting, the final dividend will be paid on 14 July 2017 to those shareholders on the register on 9 June 2017.
In addition, the Company announced that shareholders can choose to receive dividends in US Dollar and they can do so at the rate ruling on 9 June 2017, being the dividend record date. Based on the exchange rate at 19 April 2017 of $1.2811/£, the proposed dividend would be equivalent to 3.8cts (2015: 2.5 cents). The last day to elect to receive or revoke a currency election is 19 June 2017.
The Company operates a dividend re-investment plan ("DRIP"). Holders of shares may elect to reinvest their final dividend*. The latest election date is 19 June 2017.
For further enquiries, contact:
Anglo-Eastern Plantations Plc Dato' John Lim Ewe Chuan | +44 (0)20 7216 4621 |
Panmure Gordon & Co. 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.