STCK.L Regulatory News (STCK)

Stock Spirits Group PLC

Special Dividend Announcement

The Board of Stock Spirits Group PLC (the "Company") today, 21st June 2016, announces a special dividend of 10p per share.

At the announcement of the Full Year 2015 results in March 2016, and as reaffirmed during the Company's AGM process in May, the Board stated that its primary focus is the turnaround of the Polish business and that should a material M&A transaction not be completed during 2016 then the Board would seek to return capital to shareholders. The announcement today of the payment of a special dividend recognises that the Group does not intend to undertake any material M&A during the remainder of this year.

The Company's normal dividend policy remains and our interim dividend will be announced with the half year results on 10th August 2016. Taking together the special dividend announced today, the interim dividend to be announced with the half year results, and the final dividend for 2016, the Board intends to return approximately 100% of the Company's 2016 net free cash flow to shareholders. Accordingly, we expect year end net debt to be broadly in line with net debt at the end of 2015.

This special dividend is announced in GBP as this is the currency in which it will be paid to shareholders (the equivalent of €0.1265 per share at the prevailing exchange rate for the preceding 5 days to this announcement). For accounting purposes, the special dividend will be recorded in the Consolidated Group accounts in Euros. The special dividend will be paid on 27th July 2016 to those shareholders registered on 7th July 2016; the record date will be 8th July 2016.

 For further information:

See the company website: www.stockspirits.com

Investor queries should be sent to: investorqueries@stockspirits.com