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Chagala Group Limited  -  CGLO   

Dividend Declaration

Released 15:24 13-Jul-2017

RNS Number : 0337L
Chagala Group Limited
13 July 2017

Chagala Group Limited

13 July 2017


Dividend Declaration

Chagala Group Limited  (LSE:CGLO) (the "Company" or "Chagala" and, together with its subsidiaries, the "Group") is an investor in specialist services and facilities provider to the oil and gas industry in Kazakhstan with its Ordinary Shares (ISIN: VG1574371129) admitted to trading on the London Stock Exchange's Main Market.

The directors of the Company have declared a dividend of US$0.025 per Ordinary Share for the financial year ended 31 December 2016.

This dividend will be payable on or around 26 July 2017 to holders of record on 21 July 2017.  The corresponding ex-dividend date will be 20 July 2017.

In accordance with Regulation 13.8 of the Company's articles of association ("Regulation 13.8"), the dividend described above will not be paid in respect of Ordinary Shares that have the status of "default shares" under Regulation 13.8.

For more information: 


Francisco Parrilla, Chief Executive 


Chagala Group Limited

+ 7 (727) 355 04 84



Chagala Group


Chagala invests in service companies focused on providing long and short term accommodation solutions to domestic and international oil and gas companies developing Kazakhstan's largest hydrocarbon discoveries.  With investments in hotels, guest houses, serviced apartments, remote site facilities, restaurants and offices, Chagala is well positioned to capitalize on the oil and gas contribution being made in Kazakhstan.


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Dividend Declaration - RNS