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Pin to quick picksIrish Cont. Regulatory News (ICGC)

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Final Dividend 2019

1 Jul 2020 07:00

Final Dividend 2019

IRISH CONTINENTAL GROUP PLC ("ICG")

1 July 2020Final Dividend 2019

Irish Continental Group plc announces that the directors have decided to withdraw the proposal to pay a final dividend in respect of the year ended 31 December 2019.

On 5th March 2020, the Company published the Preliminary Statement of Results for the year ended 31 December 2019 in which the Directors proposed a final dividend of 8.99 cent per ICG Unit subject to shareholder approval at the 2020 Annual General Meeting (“AGM”). Details of the proposed final dividend were also set out in the Annual Report for the year ended 31 December 2019, which was published on 30 April 2020.

Since March 2020, as reported in the Trading Update released on 11 June, introduction of travel restrictions across the EU as a result of the COVID-19 pandemic has led to a significant reduction in current passenger traffic and forward bookings for what is normally the peak summer passenger season for ICG’s Irish Ferries services. It is very difficult to estimate the full year financial impact on the ICG Group as the reduction in passenger revenue will be material. While the Company retains a strong liquidity position, the Directors consider it prudent not to proceed with the final dividend payment against this background of market uncertainty and will no longer propose a resolution to approve the dividend at the AGM.

The AGM is scheduled to be convened on 28 July 2020 and the Notice of AGM will shortly be made available to shareholders.

END

_________________________________________________________________________________

Enquiries:

Eamonn Rothwell, Chief Executive Officer Tel: +353 1 607 5628 Email: info@icg.ie

David Ledwidge, Chief Financial Officer Tel: +353 1 607 5628 Email: info@icg.ie

_________________________________________________________________________________

Media enquiries:

Q4 Public Relations Tel: +353 1 475 1444 Email: press@q4pr.ie

­­­­­­­­­­_________________________________________________________________________________

 

 

1 July 2020

Date   Source Headline
28th Mar 20244:00 pmGNWAnnual Financial Report
28th Mar 20244:00 pmGNWTransaction in Own Shares
13th Mar 20244:00 pmGNWDirector/PDMR Shareholding
12th Mar 20244:20 pmGNWDirector/PDMR Shareholding
12th Mar 20244:20 pmGNWDirector/PDMR Shareholding
12th Mar 20244:20 pmGNWDirector/PDMR Shareholding
12th Mar 20244:20 pmGNWDirector/PDMR Shareholding
12th Mar 20244:20 pmGNWDirector/PDMR Shareholding
12th Mar 20244:20 pmGNWDirector/PDMR Shareholding
12th Mar 20244:20 pmGNWDirector/PDMR Shareholding
12th Mar 20244:20 pmGNWDirector/PDMR Shareholding
12th Mar 20244:20 pmGNWDirector/PDMR Shareholding
12th Mar 20244:20 pmGNWDirector/PDMR Shareholding
12th Mar 20244:20 pmGNWDirector/PDMR Shareholding
11th Mar 20247:00 amGNWHolding(s) in Company
8th Mar 20247:00 amGNWTransaction in Own Shares
7th Mar 20247:00 amGNWPreliminary Statement of Results for the year ended 31 December 2023
4th Mar 20247:39 pmGNWHolding(s) in Company
14th Feb 20244:00 pmGNWHolding(s) in Company
7th Feb 20244:00 pmGNWHolding(s) in Company
1st Feb 20245:56 pmGNWTotal Voting Rights
5th Jan 20245:51 pmGNWHolding(s) in Company
5th Jan 20242:32 pmGNWTotal Voting Rights
5th Jan 20247:00 amGNWTransaction in Own Shares
18th Dec 20233:42 pmGNWHolding(s) in Company
7th Dec 20235:01 pmGNWHolding(s) in Company
6th Dec 20237:25 amGNWTransaction in Own Shares
1st Dec 20237:00 amGNWTotal voting rights
28th Nov 20232:51 pmGNWHolding(s) in Company
24th Nov 20234:11 pmGNWHolding(s) in Company
23rd Nov 20237:00 amGNWTrading Statement
20th Nov 20233:30 pmGNWDirector/PDMR Shareholding
9th Nov 20234:38 pmGNWHolding(s) in Company
9th Nov 20237:25 amGNWTransaction in Own Shares
1st Nov 202312:14 pmGNWTotal voting rights
16th Oct 20237:25 amGNWTransaction in Own Shares
5th Oct 20237:25 amGNWTransaction in Own Shares
4th Oct 20237:25 amGNWTransaction in Own Shares
2nd Oct 20231:10 pmGNWHolding(s) in Company
2nd Oct 20237:00 amGNWTotal Voting Rights
2nd Oct 20237:00 amGNWBlock Listing Interim Review
22nd Sep 20235:23 pmGNWHolding(s) in Company
20th Sep 20237:25 amGNWTransaction in Own Shares
13th Sep 20237:25 amGNWTransactions in Own Shares
12th Sep 202310:30 amGNWHolding(s) in Company
7th Sep 20235:07 pmGNWHolding(s) in Company
7th Sep 202311:16 amGNWHolding(s) in Company
7th Sep 20237:26 amGNWTransaction in Own Shares
4th Sep 20237:25 amGNWTransaction in Own Shares
1st Sep 20235:07 pmGNWTotal voting rights

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