Conversion Rate for 2017 Final Dividend

RNS Number : 1516O

Paddy Power Betfair plc

15 May 2018

 

15 May 2018

Paddy Power Betfair plc (the "Company")

Conversion Rate for 2017 Final Dividend

Further to the Preliminary Results announcement of the Group for the year ended 31 December 2017 released on 7 March 2018, the Company has determined that the exchange rate to be applied to its 2017 Final Dividend is £1:€1.1333, being the exchange rate as disclosed by the Central Bank of Ireland at the close of business on 14 May 2018.

Accordingly, the Euro equivalent of the 2017 Final Dividend of 135 pence per ordinary share will be 152.9918 cents per ordinary share.

Subject to shareholders' approval at the Company's upcoming Annual General Meeting on 18 May 2018, the Final Dividend will be paid on 29 May 2018 to shareholders on the register as at 13 April 2018.

Enquiries:

Pritti Patel

Deputy Company Secretary

Paddy Power Betfair plc

Tel: [phone]

 

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