| Anglo Pacific Group PLC: Cancellation of Scrip Dividend Alternative | |
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LONDON, UNITED KINGDOM--(Marketwired - Jan 15, 2015) - Anglo Pacific Group PLC (TSX: APY) (LSE: APF) News Release LSE: APF; TSX: APY January 15, 2015 Anglo Pacific Group PLC Cancellation of Scrip Dividend Alternative Anglo Pacific Group PLC ("Anglo Pacific" or the "Company") (LSE: APF; TSX: APY) announces that the scrip dividend alternative ("Scrip Dividend Alternative") for the interim dividend for the year ending December 31, 2014 of 4.45p per ordinary share ("Interim Dividend") has been withdrawn. As per the shareholder circular sent to shareholders on December 12, 2014, where the ordinary share price is equal to or less than 92p on January 14, 2015, the Scrip Dividend Alternative will be cancelled and a cash dividend paid as if the offer and elections pursuant to it had not been made. Recent market volatility has resulted in a decline in the value of Anglo Pacific shares to below this level as at market close yesterday. Consequently, the Scrip Dividend Alternative has been withdrawn and the Interim Dividend will be paid wholly in cash on February 4, 2015. For further information: Anglo Pacific Group PLC +44 (0) 20 3435 7400 Julian Treger, Chief Executive Officer Mark Potter, Chief Investment Officer Peter Mason, Company Secretary Website: www.anglopacificgroup.com Bell Pottinger +44 (0) 20 3772 2500 Nick Lambert / Lorna Cobbett Notes to Editors About Anglo Pacific Anglo Pacific is a global natural resources royalty company. The Company's strategy is to develop a leading international diversified royalty company with a portfolio centred on base metals and bulk materials, focusing on accelerating income growth through acquiring royalties on projects that are currently cash flow generating or are expected to be within the next 24 months. It is a continuing policy of the Company to pay a substantial portion of these royalties to shareholders as dividends.
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Anglo Pacific Group plc
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PRODUCER |
CODE : APF.L |
ISIN : GB0006449366 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Anglo Pacific is based in United kingdom. Anglo Pacific produces iron in Brazil, and holds various exploration projects in Brazil. Its main asset in production is AMAPA in Brazil. Anglo Pacific is listed in Australia, in Germany, in United Kingdom and in United States of America. Its market capitalisation is GBX 26.7 billions as of today (US$ 31.9 billions, € 32.2 billions). Its stock quote reached its lowest recent point on September 28, 2001 at GBX 10.02, and its highest recent level on October 05, 2022 at GBX 157.00. Anglo Pacific has 169 942 000 shares outstanding. |