11 Jul 2018 07:00
Trans-Siberian Gold plc
("TSG" or the "Company")
Final Dividend Currency Exchange Rate
Trans-Siberian Gold plc (TSG.LN) announced on 30 May 2018 that, subject to shareholder approval, the Company proposed to pay a final dividend of US$0.021 per ordinary share (the "Final Dividend'). Shareholders approved the payment of the Final Dividend at the Annual General Meeting of the Company held on 26 June 2018.
The Final Dividend amounts to approximately US$2.3 million, making the total dividend paid to shareholders for the financial year ended 31 December 2017 approximately US$6.3 million.
This announcement confirms the US Dollar / GBP Sterling exchange rate applicable for the Final Dividend
Dividend approved | Exchange Rate | Dividend paid in GBP Sterling |
US$0.021 per ordinary share
| US$1.3260:£1 | GBP0.015837 per ordinary share |
The Final Dividend will be paid on 25 July 2018 to shareholders who were on the register at the close of business on 6 July 2018.
ENDS
Contacts:
TSG |
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Stewart Dickson | +44 (0) 7799 694195
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Cantor Fitzgerald Europe | +44 (0) 207 894 7000 |
David Porter
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The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR'). Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.
About TSG
TSG is focused on low cost, high grade mining operations and stable gold production from its 100% owned Asacha Gold Mine in Far East Russia.