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28 Feb 2025 16:26
28 February 2025
IMI plc
("IMI" or the "Company")
Correction of record date for dividend
The Company provides a correction to the record date and confirmation of the election date for the Dividend Reinvestment Plan ('DRIP') for the final dividend as announced in its 'Preliminary results, year ended 31 December 2024' announcement released on 28 February 2025 at 7.00 under RNS No 7970Y.
The record date of the final dividend is 4 April 2025. The last date to elect for the DRIP is 24 April 2025. The relevant paragraphs in the announcement should have been as follows:
"Dividend
The Board is recommending a 2024 final dividend of 21.1p per share (2023: 19.2p per share). Payment will be made on 16 May 2025 to shareholders on the register at the close of business on 4 April 2025.
The last date to elect for the Dividend Reinvestment Plan ('DRIP') is 24 April 2025. The IMI DRIP is provided by Equiniti Financial Services Limited. The DRIP enables the Company's shareholders to elect to have their cash dividend payments used to purchase the Company's shares. More information can be found at www.shareview.co.uk/info/drip.
7. Dividend
The directors recommend a final dividend of 21.1p per share (2023: 19.2p) payable on 16 May 2025 to shareholders on the register at close of business on 4 April 2025, which will cost approximately £53.9m (2023: £49.9m). Together with the interim dividend of 10.0p (2023: 9.1p) per share paid in September 2024, this makes a total distribution of 31.1p per share (2023: 28.3p per share). In accordance with IAS10 'Events after the Balance Sheet date', this final proposed dividend has not been reflected in the 31 December 2024 balance sheet."
All other details remain unchanged.
For further information, please contact:
Fran Burge Deputy Company Secretary Tel: 0121 717 3700
Edward Hann Head of Investor Relations Tel: +44 (0)7977 354 810
END
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