Final Dividend for the year end Dec 2010

RNS Number : 5489F

Anglo Pacific Group PLC

27 April 2011

 

News Release

April 27, 2011

Anglo Pacific Group PLC final dividend for the year ended December 31, 2010

Anglo Pacific Group PLC ('the Company', 'Anglo Pacific') (LSE: APF) (TSX: APY) announces today, that, in light of the current share price, the Board has resolved not to offer shareholders a scrip dividend alternative in respect of the final dividend for the year ended December 31, 2010.

The final dividend of 5.10p per ordinary share for the year ended December 31, 2010 will be paid in cash on July 6, 2011 to shareholders on the share register at the close of business on May 6, 2011.

For further information:

Anglo Pacific Group PLC                                                                                   [phone]

Peter Boycott, Chairman

Matthew Tack, Finance Director

Liberum Capital                                                                                                  [phone]

Chris Bowman

Christopher Kololian

Scott Harris                                                                                                        [phone]

Stephen Scott

James O'Shaughnessy

Website:                                                                                                    www.anglopacificgroup.com

Important notice

This news release contains forward-looking statements based on assumptions and reflects Anglo Pacific's expectations, estimates and projections of future events as of the date of this release. Forward-looking statements include, without limitation, statements regarding the performance, prospects, opportunities, priorities, targets, goals, objectives, strategies, growth and outlook of Anglo Pacific. Often, but not always, forward-looking statements can be identified by the use of words such as "expects", "anticipates", "plans", "believes", "estimates", "seeks", "intends", "targets", "projects", "forecasts", or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

Forward-looking statements are based upon certain material factors and assumptions that were applied in drawing a conclusion or making a forecast or projection, including assumptions and analyses made by Anglo Pacific in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors that are believed to be appropriate in the circumstances. Also, forward-looking statements involve known and unknown risks, uncertainties and other factors that are beyond the Company's control and which may cause the actual results, performance or achievement to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such material factors and assumptions and risks and uncertainties include, among others, those described in the Company's annual information form dated as at June 29, 2010 (available on Anglo Pacific's website and at www.sedar.com), which are incorporated by reference into this release and qualify any and all forward-looking statements made in this release.

Although Anglo Pacific has attempted to identify factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that actual results will be consistent with these forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements herein relate only to events or information as of the date on which the statements are made and, except as specifically required by law, Anglo Pacific undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise.

 

END

 

 

DIVEAFLXAALFEFF