23 Feb 2017 07:02
32Red Plc
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("32Red" or ''the Company")
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Dividend Declaration
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23 February 2017
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Following the announcement by Kindred Group Plc on 23 February 2017 regarding a recommended cash offer for the Company, 32Red is pleased to announce a second interim dividend of 4 pence per share (the "Approved Dividend").
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The Approved Dividend will be paid in lieu of a final dividend that would otherwise have been declared with the Company's full year results for the year ended 31 December 2016 on 9 March 2017. The Approved Dividend is not conditional on the Offer becoming wholly unconditional and will adhere to the following timetable:
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Ex-Dividend Date: 2 March 2017
Record Date: 3 March 2017
Pay Date: 23 March 2017
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*Capitalized terms used in this announcement, and not otherwise defined, have the same meanings given in the announcement released by Kindred Group Plc regarding a Recommended Cash Offer for the Company dated 23 February 2017 (GMT).
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Enquiries:
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32Red Plc Tel. +00 350 200 49396
Ed Ware, CEO
Jon Hale, CFO
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Numis Tel . +44 (0) 20 7260 1000
Michael Meade (Nominated Adviser)
Richard Thomas (Corporate Broking & Advisory)
Chris Wilkinson (Corporate Broking & Advisory)
Michael Burke (Corporate Broking & Advisory)
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Hudson Sandler Tel. +44 (0) 207 796 4133
Alex Brennan 32Red@hudsonsandler.com
Bertie Berger
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