Dividend Declaration

RNS Number : 1654J

M Winkworth Plc

16 December 2015

 

M Winkworth plc

Dividend Declaration

M Winkworth plc ("Winkworth" or the "Company"), the leading franchisor of real estate agencies, is pleased to announce a special dividend for the year ending 31 December 2015 of 1.8p as per the timetable below.

Winkworth has paid a dividend of 1.6p for each of the first three quarters of 2015 and the special dividend payment will increase the total paid relating to the financial year to date to 6.6p.The dividend relating to the fourth quarter will be announced in February.

Winkworth continues to be cash generative and has a healthy balance sheet. This payment is consistent with the Company's intention of maintaining a progressive dividend policy.

Ex-Dividend Date *                             24/12/15

Record Date **                                   29/12/15

Expected Payment Date                      22/01/16

* Shares bought on or after the ex-dividend date will not qualify for the dividend

** Shareholders must be on the Winkworth share register on this date to receive this dividend.

For further information please contact:

M Winkworth PLC	Tel : [phone]
Dominic Agace (Chief Executive Officer)
Chris Neoh (Chief Financial Officer)
Milbourne	Tel : [phone]
Tim Draper (Financial PR)
Liberum Capital Limited (NOMAD and Broker)	Tel: [phone]
Tom Fyson / Christopher Britton

 About Winkworth

Winkworth is a leading franchisor of residential real estate agencies and is admitted to trading on the AIM Market of the London Stock Exchange.

Established in Mayfair in 1835, Winkworth has a pre-eminent position in the mid to upper segments of the central London residential sales and lettings markets. In total the company operates from some 100 offices, having expanded consistently in recent years.

The franchise model allows entrepreneurial real estate professionals to provide the highest standards of service under the banner of a well-respected brand name and to benefit from the support and promotion that Winkworth offers. Franchisees deliver in-depth local knowledge and a highly personalised service to their clients.

For further information please visit: www.winkworthplc.com

 

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