Maiden Dividend & Notice of Results

RNS Number : 2114N

Curtis Banks Group PLC

28 January 2016

 

28 January 2016

Curtis Banks Group plc

("Curtis Banks", the "Company" or the "Group")

Maiden Dividend & Notice of Results

Curtis Banks Group Plc, one of the UK's leading SIPP providers with a portfolio of approximately 65,000 SIPPs, is pleased to announce an interim dividend in respect of the year ended 31 December 2015 of 3.5p per ordinary share. The dividend will be paid on 26 February 2016 to shareholders on the record as at 5 February 2016. The ex-dividend date will be 4 February 2016.

The Company will not declare a final dividend and the dividend currently being paid will be the full dividend for the year ended 31 December 2015.  Going forward it is expected that the growth dynamics of the Company will enable the Board to declare an interim dividend in September and propose a final dividend in conjunction with its full year results for the year ending 31 December 2016.

Commenting on the dividend, Chris Banks, Chairman of Curtis Banks, said:

"Curtis Banks has made excellent progress since flotation in May of last year, two highlights being the agreement to administer the Zurich book of policies and the acquisition of Suffolk Life.  The combination of these two transactions in addition to the ongoing organic growth more than doubles the size of the Group in less than a year.

"Growth prospects for Curtis Banks through organic growth and acquisition continue to be positive.  It is our strategy to reward shareholders for their support through a progressive dividend policy reflecting the development of the business."

Notice of Results

Curtis Banks will announce its Final Results for the 12 months ended 31 December 2015 on Tuesday 15 March 2016.  A briefing for Analysts will be held at 9.30am on the day of the announcement.  For those wishing to attend please register your interest with Tom Cooper at Walbrook PR on [e-mail] or 0797 122 1972.

For more information:

Curtis Banks Group plc	www.curtisbanks.co.uk
Rupert Curtis - Chief Executive Officer	Via Walbrook PR
Paul Tarran - Finance Director
Peel Hunt LLP (Nominated Adviser & Broker)	[phone]
Guy Wiehahn
Walbrook PR	[phone]
Tom Cooper / Paul Vann	[phone]
	[e-mail]

Notes to Editors:

Curtis Banks administers Self-Invested Pension products, principally SIPPs and SSASs. The Group commenced trading in 2009 and has successfully developed, through a combination of organic growth and acquisitions, into one of the largest UK providers of these products. The Group employs approximately 240 staff in its head office in Bristol and regional offices in Dundee and Market Harborough.

For more information - www.curtisbanks.co.uk 

 

END

 

 

DIVQDLFLQFFFBBB