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Pin to quick picksGateley Holdings Regulatory News (GTLY)

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59.00    0.00 (0.00%)
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Market Cap: £79.73m
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Dividend Policy

15 Feb 2016 07:00

RNS Number : 9940O
Gateley (Holdings) PLC
15 February 2016
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15 February 2016

Gateley (Holdings) Plc

("Gateley" or the "Company")

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Dividend Policy

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Gateley, (AIM:GTLY) a national commercial law firm, announces that the Board has formalised its dividend policy and is adopting a traditional twice yearly approach, paying in aggregate, up to 70 per cent. of profits after tax.

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Having paid an interim dividend on 22 January 2016, the next opportunity for the Board to declare a dividend will be at the time of its preliminary results for the year ending 30 April 2016, which the Board expects to announce in July.

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ENDS

Enquiries:

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Gateley (Holdings) Plc

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Nick Smith, Acquisitions Director and Head of Investor Relations

+44 207 653 1665

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Cantor Fitzgerald Europe - Nominated adviser and broker

+44 207 894 7000

David Foreman, Michael Reynolds, Phil Davies (Corporate Finance)

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David Banks, Tessa Sillars (Corporate Broking)

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Buchanan - Financial PR adviser

+44 207 466 5000

Mark Edwards, Helen Chan, Jane Glover

Gateley@buchanan.uk.com

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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