Regulatory Story
Go to market news section View chart   Print
RNS
Global Ports Holding PLC   -  GPH   

Dividend Declaration

Released 08:42 01-Apr-2019

RNS Number : 6375U
Global Ports Holding PLC
01 April 2019
 

Global Ports Holding Plc

Final dividend for 2018

The Board of Global Ports Holding has approved a final dividend for the year ending 31st December 2018 of USD 17.5m. The final dividend will be recommended to shareholders at the AGM to take place on 24 May 2019 as a dividend of 21.2p per share (at the current exchange rate). If approved by shareholders at the AGM, the final dividend will be paid on the 5th July 2019 to those shareholders registered on 31 May 2019.

This dividend recommendation has been made by the board after careful consideration of the financial performance of the Group, the current potential opportunities for new port investments and the long term growth prospects of the Group.

The Board will review carefully the progress the company will make during fiscal year 2019 in regard to potential opportunities for new investment and their relevant closing, the timing of these investments may impact the board's decision in terms of the split of dividend between interim and final, however the board's intention is to continue with the stated minimum dividend policy at the time of the IPO.

 

Final Dividend Timetable (subject to AGM approval)

30 May 2019:   Ex-dividend date for 2018 final dividend

31 May 2019:   Record date for 2018 final dividend

5 July 2019:    Payment date for 2018 final dividend

 

 

 

CONTACT

For investor and analyst enquiries:                                                         For media enquiries:

Global Ports Holding, Investor Relations                                            Brunswick Group LLP

Martin Brown, Investor Relations Director                                               Azadeh Varzi and Imran Jina

Telephone: +44 (0) 7947 163 687                                                         Telephone: +44 (0) 20 7404 5959

Email: martinb@globalportsholding.com                                                  Email: GPH@brunswickgroup.com
 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DIVDMGGDNMGGLZG
Close


London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

 


Dividend Declaration - RNS