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29 Jul 2014 07:00
29 July 2014
KCOM Group PLC (KCOM.L) AGM and Interim Management Statement
KCOM Group announces the following trading update for the period 1 April to 29 July 2014, ahead of its Annual General Meeting at 11am.
Since the preliminary results announcement on 6 June, the outlook for the Group remains unchanged. We have continued to focus on exploiting the opportunities that exist in our key markets. We continue also to invest in expanding the reach of, and building consumer demand for, our fibre-based broadband services in Hull and East Yorkshire, alongside the delivery of value added services to the enterprise market.
Subject to shareholder approval at today's AGM, the Group will pay a final dividend for the year ending 31 March 2014 of 3.254p (2013: 2.97p) to shareholders on the register on 27 June 2014. This brings the total dividend for the year to 4.88p per share, an increase of 10 per cent year on year. Payment of the final dividend will be made on 1 August 2014. The Board reconfirms its commitment to delivering a ten per cent increase per annum in full year dividend over two financial years, ending 31 March 2016.
ENDS
For further information please contact:
Bill Halbert, Chief Executive Officer / Paul Simpson, Chief Financial Officer
KCOM Group PLC
01482 602595
Cathy Phillips, Investor Relations
KCOM Group PLC
07778 335735
Matt Ridsdale/Lulu Bridges/Mike Bartlett
Tavistock Communications
020 7920 3150
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