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RNS Number : 7872N Anglo-Eastern Plantations PLC 09 May 2024
Anglo-Eastern Plantations Plc
("AEP" or the "Company")
Final dividend - determination of US$ Dollar equivalent and Dividend
Reinvestment Plan
Further to the announcement made by AEP on 30 April 2024, the Company is
announcing further details in respect of the US dollar equivalent and Dividend
Reinvestment Plan for the final dividend.
As was announced on 30 April 2024, the Company proposes to pay a final
dividend of 15.0cts per share in respect of the year ended 31 December 2023
(2022: 25.0cts). Subject to the approval by shareholders at the Annual General
Meeting, the final dividend will be paid on 12 July 2024 to those shareholders
on the register on 14 June 2024.
With an interim dividend of 15.0cts per share already paid, the total dividend
declared for the year ended 31 December 2023 will be 30.0cts (2022: 25.0cts).
In addition, the Company announced that shareholders can choose to receive
dividends in Pounds Sterling and they can do so at the rate ruling on 14 June
2024, being the dividend record date. In the absence of any specific
instruction up to the date of closing of the register on 14 June 2024,
shareholders with addresses in the UK are deemed to have elected to receive
their dividends in Sterling and those with addresses outside of UK in US
Dollar. Today the Company announces that based on the exchange rate at 25
April 2024 of $1.25/£, the proposed dividend is equivalent to 12.0p (2022:
20.02p). The last day to elect to receive or revoke a currency election is 21
June 2024.
AEP operates a dividend re-investment plan ("DRIP"). Holders of shares may
elect to reinvest their final dividend. The latest election date is 21 June
2024.
Please note, if a holder makes a partial DRIP election for shares, then the
dividend for the remaining shares will be paid in Pound Sterling.
Should you require further assistance, please contact Computershare on 0370
703 0164. The helpline is open between 8.30 a.m. and 5.30 p.m., Monday to
Friday, excluding public holidays in England and Wales. Please note that
Computershare cannot provide any financial, legal or tax advice and calls may
be recorded and monitored for security and training purposes.
For further enquiries, contact:
Anglo-Eastern Plantations
Plc
Dato' John Lim Ewe
Chuan
+44 (0)20 7216 4621
Panmure Gordon (UK) Limited
Dominic Morley / Amrit
Mahbubani
+44 (0)20 7886 2500
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