Payment of 2021 Interim Dividend

RNS Number : 4311P

Anglo Asian Mining PLC

18 October 2021

 

Anglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector: Mining

18 October 2021

Anglo Asian Mining plc

Payment of 2021 Interim Dividend

On 23 September 2021, the Directors of Anglo Asian Mining plc ("Anglo Asian", the "Company" or the "Group") announced an interim dividend in respect of the year ending 31 December 2021 of US 4.5 cents per ordinary share. This interim dividend is to be paid on 4 November 2021 to shareholders on the share register on 8 October 2021. The dividend is payable in cash in sterling to holders of ordinary shares. A scrip dividend or any other dividend reinvestment plan will not be offered by Anglo Asian Mining plc.

The dividend will be converted to pounds sterling using the average of the sterling closing mid-price using the exchange rate published by the Bank of England at 16:00 BST each day from 11 to 15 October 2021, being 1 = US$1.3662. Accordingly, the amount of sterling dividend payable in cash on 8 November 2021 will be:

3.2937 pence per ordinary share.

**ENDS**

For further information please contact:

Reza Vaziri	Anglo Asian Mining plc	Tel: [phone]
Bill Morgan	Anglo Asian Mining plc	Tel: [phone]
Stephen Westhead	Anglo Asian Mining plc	Tel: [phone]
Ewan Leggat	SP Angel Corporate Finance LLP Nominated Adviser and Broker	Tel: [phone]
Adam Cowl	SP Angel Corporate Finance LLP Nominated Adviser and Broker	Tel + 44 (0) 20 3470 0470
Charlie Jack	Hudson Sandler	Tel: [phone]
Elfie Kent	Hudson Sandler	Tel: [phone]

Notes to editors:

Anglo Asian Mining plc (AIM:AAZ) is a gold, copper and silver producer in Central Asia with a broad portfolio of production and exploration assets in Azerbaijan. The Company produced 67,249 gold equivalent ounces ("GEOs") for the year ended 31 December 2020. The Company has a production target for the year to 31 December 2021 of 48,000 ounces to 54,000 ounces of gold and 2,500 tonnes to 2,800 tonnes of copper. This total production target expressed as gold equivalent ounces ("GEOs") at budgeted prices is between 64,000 GEOs and 72,000 GEOs.

The Company has recently announced a transaction with the Government of Azerbaijan which grants it three additional concessions with a combined area of 882 square kilometers which include the Garadagh porphyry copper deposit with a Soviet classified resource of over 300,000 tonnes of copper. The transaction is subject to ratification by the parliament of Azerbaijan. 

https://www.angloasianmining.com/

 

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