31 Mar 2017 17:08
News Release
March 31, 2017
Correction
The following amendments have been made to the "Final Dividend and Directors' Share Dealings in Company" announcement released on 31 March 2017 at 07:00 under RNS No 1014B.
The Company is confirming:
- a final dividend for year ended December 31, 2016 of 3.00p per share (total dividend for 2016 of 6.00p per share); and
- a payment date of the final dividend for 2016 being August 9, 2017, payable to all shareholders on the register of members on June 30, 2017.
All other details remain unchanged. The full amended text is shown below.
Anglo Pacific Group PLC
Correction: Final Dividend and Directors' Share Dealings in Company
As announced on March 30, 2017, Anglo Pacific Group PLC (the "Company") (LSE: APF, TSX: APY) is proposing a final dividend for the year ended December 31, 2016 of 3.00p per share. This combined with the 2016 interim dividend of 3.00p per share, equates to total dividends for 2016 of 6.00p per share. The final dividend is subject to shareholder approval at the 2017 AGM.
The Company proposes to pay the final dividend for 2016 on August 9, 2017, payable to all shareholders on the register of members on June 30, 2017. The Company's shares will be quoted ex-dividend on the London Stock Exchange on June 29, 2017, and the Toronto Stock Exchange on June 28, 2017.
Directors' Share Dealings
The Company has received notification today of the following transactions by Mr. Michael Blyth, Chairman and Mr. Patrick Meier, Non-Executive Director and by connected persons of Mr. Julian Treger, Chief Executive Officer.
Mr. Blyth acquired 5,090 ordinary shares of 2 pence each in the Company ("Shares") at a price of 114.9p per Share. Mr. Meier acquired 12,560 Shares at a price of 116p per Share. Further, Mr. Treger acquired 10,000 Shares via his pension fund at a price of 116p per Share. The transactions took place on the London Stock Exchange.
Following this notification, the total beneficial holding of Shares by Mr. Blyth and his connected persons is now 131,912 Shares and the total beneficial holding of Shares by Mr. Meier and his connected persons is now 185,878 Shares, representing 0.07% and 0.10% of the issued ordinary share capital of the Company respectively. Further, the total beneficial holding of Shares by Mr. Treger and his connected persons is now 5,596,454 Shares, representing 3.09% of the issued ordinary share capital of the Company.
This notification is intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4R.
Directors' Share Dealings - Further information
The notification below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transactions as described at the beginning of this announcement.
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Julian Treger | ||||
2. | Reason for the notification | |||||
a. | Position/status | Chief Executive Officer | ||||
b. | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Anglo Pacific Group PLC | ||||
b. | LEI | n/a | ||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a. | Description of the Financial instrument, type of instrument Identification code | 2p Ordinary Shares
GB0006449366 | ||||
b. | Nature of the transaction | Acquisition of Shares
| ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price
|
10,000 116p | ||||
e. | Date of the transaction | 30 March 2017
| ||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON)
| ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Mike Blyth | ||||
2. | Reason for the notification | |||||
a. | Position/status | Non-Executive Chairman | ||||
b. | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Anglo Pacific Group PLC | ||||
b. | LEI | n/a | ||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a. | Description of the Financial instrument, type of instrument Identification code | 2p Ordinary Shares
GB0006449366 | ||||
b. | Nature of the transaction | Acquisition of Shares
| ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price
|
5,090 114.9p | ||||
e. | Date of the transaction | 30 March 2017
| ||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON)
| ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Patrick Meier | ||||
2. | Reason for the notification | |||||
a. | Position/status | Non-Executive Director | ||||
b. | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Anglo Pacific Group PLC | ||||
b. | LEI | n/a | ||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a. | Description of the Financial instrument, type of instrument Identification code | 2p Ordinary Shares
GB0006449366 | ||||
b. | Nature of the transaction | Acquisition of Shares
| ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price
|
12,560 116p | ||||
e. | Date of the transaction | 30 March 2017
| ||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON)
| ||||
For further information:
Anglo Pacific Group PLC | +44 (0) 20 3435 7400 |
Julian Treger - Chief Executive Officer Kevin Flynn - Chief Financial Officer and Company Secretary
| |
Website: | www.anglopacificgroup.com |
BMO Capital Markets Limited | +44 (0) 20 7664 8020 |
Jeffrey Couch / Neil Haycock / Tom Rider / Jenny Wyllie | |
Macquarie Capital (Europe) Limited | +44 (0) 20 3037 2000 |
Raj Khatri / Nicholas Harland / Ariel Tepperman | |
Peel Hunt LLP | +44 (0) 20 7418 8900 |
Matthew Armitt / Ross Allister / Chris Burrows | |
Redleaf Communications | +44 (0) 20 7382 4769 |
Charlie Geller / David Ison
|
Notes to Editors
About Anglo Pacific
Anglo Pacific Group PLC is a global natural resources royalty and streaming company. The Company's strategy is to develop a leading international diversified royalty and streaming company with a portfolio centred on base metals and bulk materials, focusing on accelerating income growth through acquiring royalties on projects that are currently cash flow generating or are expected to be within the next 24 months, as well as investment in earlier stage royalties. It is a continuing policy of the Company to pay a substantial portion of these royalties to shareholders as dividends.