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Anglo Pacific Group PLC ("Anglo Pacific" or the "Company") (LSE: APF, TSX: APY) announces that a circular has today been sent to shareholders in relation to the scrip dividend alternative, approved by shareholders at the Company's Annual General Meeting on June 11, 2014 (the "Scrip Dividend Alternative"). The Scrip Dividend Alternative provides shareholders on the register on November 28, 2014 the option to take the interim dividend of 4.45p per share for the year ending December 31, 2014 in new ordinary shares instead of cash.
Under the terms of the Scrip Dividend Alternative, shareholders who elect to receive the interim dividend in the form of new ordinary shares will receive one new ordinary share for every £1.089 of cash dividend otherwise payable. The Scrip Dividend Alternative is subject to the condition that if on January 14, 2015 the ordinary share price is equal to or less than 92p, the Scrip Dividend Alternative will automatically be cancelled and a cash dividend paid as if the offer and elections pursuant to it had not been made. Forms of election must be returned by 5.00pm on January 14, 2015.
The Company has been notified that persons connected with Mr. Julian Treger and Mr. Mike Blyth, the Company's Chief Executive Officer and Chairman respectively, will be electing to receive the Scrip Dividend Alternative.
For a full copy of the circular please click here.
For a full copy of the blank election form for UK registered shareholders please click here.
For a full copy of the blank election form for shareholders that hold their shares, directly or indirectly, through the TSX please click here.
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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. |