Dividend and Trading Update

RNS Number : 2112Z

Games Workshop Group PLC

20 May 2021

 

GAMES WORKSHOP GROUP PLC

(the "Company" or the "Group")

                                                                                                                                                            20 May 2021

DIVIDEND AND TRADING UPDATE

Games Workshop Group PLC announces that the Board has today declared a dividend of 50 pence per share, in line with the Company's policy of distributing truly surplus cash. This will mean that total dividends declared in the 2020/21 financial year will be 235 pence per share (2019/20: 145 pence per share). The dividend of 50 pence per share will be paid on 5 July 2021 for shareholders on the register at 28 May 2021, with an ex-dividend date of 27 May 2021. The last date for elections for the dividend re-investment plan is 14 June 2021.

For the year to 30 May 2021, we estimate the Group's sales to be not less than £350 million (2019/20: £270 million) and the Group's profit before tax to be not less than £150 million (2019/20: £89 million). This includes royalties receivable from licensing which are estimated to be approximately £15 million (2019/20: £17 million). As in the prior year, in recognition of our staff's contribution to these results, we will have paid during the year profit share bonuses amounting in total to £12 million (2019/20: £2 million). These are paid on an equal basis to each member of staff.

We expect to announce our 2021 annual report for the year to 30 May 2021 on 27 July 2021.

For further information, please contact:
Games Workshop Group PLC		[e-mail]
Kevin Rountree, CEO
Rachel Tongue, CFO
Investor relations website	investor.games-workshop.com
General website	www.games-workshop.com

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation.

 

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