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Dividend Declaration

23 Feb 2017 07:02

RNS Number : 6182X
32Red Plc
23 February 2017
 

32Red Plc

 

("32Red" or ''the Company")

 

Dividend Declaration

 

23 February 2017

 

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").

 

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:

 

Ex-Dividend Date: 2 March 2017

Record Date: 3 March 2017

Pay Date: 23 March 2017

 

*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).

 

Enquiries:

 

32Red Plc Tel. +00 350 200 49396

Ed Ware, CEO

Jon Hale, CFO

 

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)

 

Hudson Sandler Tel. +44 (0) 207 796 4133

Alex Brennan 32Red@hudsonsandler.com

Bertie Berger

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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