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15 Feb 2016 07:00
Best of the Best plc
("Best of the Best" or "the Company")
Announcement of Special Interim Dividend
The Directors of the Company are pleased to announce a Special Interim Dividend of 19.5 pence per ordinary share ("Special Interim Dividend").
The Company continues to be both profitable and cash generative and benefits from a strong balance sheet with significant cash reserves. As a result of this, the Company has a cash balance surplus to the operational requirements of its continuing activities and deems it appropriate to declare the Special Interim Dividend.
After the Special Interim Dividend the Company will retain cash balances in excess of £1.0 million, which the Directors consider to be sufficient working capital to fund its activities over the next 12 month period.
The Special Interim Dividend will be paid on 18 March 2016 to shareholders on the register at the close of business on 4 March 2016.
Enquiries:
Best of the Best | William Hindmarch, Chief Executive Rupert Garton, Commercial Director | T: 020 7371 8866 |
KTZ Communications | Kate Tzouliadis | T: 020 3178 6378 |
Panmure Gordon (UK) Limited (Nominated Adviser) | Mark Taylor | T: 020 7886 2500 |
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