Dividend Policy

RNS Number : 9940O

Gateley (Holdings) PLC

15 February 2016

 

15 February 2016

Gateley (Holdings) Plc

("Gateley" or the "Company")

Dividend Policy

Gateley, (AIM:GTLY) a national commercial law firm, announces that the Board has formalised its dividend policy and is adopting a traditional twice yearly approach, paying in aggregate, up to 70 per cent. of profits after tax.

Having paid an interim dividend on 22 January 2016, the next opportunity for the Board to declare a dividend will be at the time of its preliminary results for the year ending 30 April 2016, which the Board expects to announce in July.

ENDS

Enquiries:

Gateley (Holdings) Plc
Nick Smith, Acquisitions Director and Head of Investor Relations	[phone]
Cantor Fitzgerald Europe - Nominated adviser and broker	[phone]
David Foreman, Michael Reynolds, Phil Davies (Corporate Finance)
David Banks, Tessa Sillars (Corporate Broking)
Buchanan - Financial PR adviser	[phone]
Mark Edwards, Helen Chan, Jane Glover	[e-mail]

 

END

 

 

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