Dividend Declaration Correction

RNS Number : 2117B

Anglo-Eastern Plantations PLC

08 June 2021

 

Correction: The following amendment has been made to the 'Dividend Declaration' announcement released on 12 May 2021 at 17:01 under RNS No 4259Y

The date in the final sentence of the third paragraph was not correct. The relevant sentence should have read: The last day to elect to receive or revoke a currency election is 25   June 2021.

All other details remain unchanged. The full amended text is shown below.

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 12 May   2021, 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 12 May 2021, the Company proposes to pay a final dividend of 1.0cts per share in respect of the year ended 31 December 2020 (2019: 0.5cts). Subject to the approval by shareholders at the Annual General Meeting, the final dividend will be paid on 16 July 2021 to those shareholders on the register on 11 June 2021.

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 15 June 2021. In the absence of any specific instruction up to the date of closing of the register on 11 June 2021, 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 5 May 2021 of $1.39/£, the proposed dividend is equivalent to 0.8p (2019: 0.4p).   The last day to elect to receive or revoke a currency election is 25 June 2021.

AEP operates a dividend re-investment plan ("DRIP"). Holders of shares may elect to reinvest their final dividend. The latest election date is 25 June 2021. 

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  [phone]

Panmure Gordon (UK) Limited

Dominic Morley                                                                                                [phone]

 

END

 

 

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