Scrip Dividend Reference Price

RNS Number : 5495Q

Xpediator PLC

19 June 2020

 

19 June 2020

XPEDIATOR PLC

("Xpediator" or the "Group")

Scrip Dividend Reference Price

Xpediator (AIM: XPD), a leading provider of freight management services across the UK and Central and Eastern Europe, announces that the scrip dividend reference price for the ordinary shares to be issued to shareholders will be 25.75 pence per share. As a result, an additional 5,548,951 ordinary shares will be issued.

The Scrip Dividend reference price was calculated as the average of the Company's closing middle market price, as derived from the London Stock Exchange's Daily Official List, for the five consecutive business days commencing from the first day the ordinary shares are quoted as trading ex-dividend, being 12 June 2020. 

The dividend  payment date and the date of admission and dealing of the new ordinary shares to be issued pursuant to the scrip dividend is expected to be  30 June 2020.

Total Voting Rights

Following Admission, the Company's issued ordinary share capital will comprise 141,633,175 Ordinary Shares and may be used by shareholders in the Company as the denominator for the calculations  by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Group under the FCA's Disclosure and Transparency Rules.

Xpediator plc	Tel: [phone]
Robert Ross, Joint Interim Chief Executive Officer	Email: [e-mail]
Danor Ionescu, Joint Interim Chief Executive Officer
Cenkos Securities plc (Nominated Adviser & Joint Broker)	Tel: [phone]
Max Hartley, Max Gould (Corporate Finance)
Nick Searle (Sales)
Cantor Fitzgerald Europe  (Joint Broker)	Tel: [phone]
David Foreman, Michael Boot (Corporate Finance)
Caspar Shand Kydd, Arthur Gordon (Sales)
Novella Communications  (Financial Public Relations)	Tel: [phone]
Tim Robertson
Fergus Young

About Xpediator:

Xpediator is a well-established international provider of freight management services. Established in 1988 by Stephen Blyth, the Group's international network of offices provides road, sea and air freight services, together with logistics and warehousing in the UK and Romania. The business offers integrated freight management within the supply chain logistics and fulfilment sector, through its three main areas: freight forwarding, logistics & warehousing and transport services. With headquarters in Braintree, Essex and country offices in nine CEE countries across 38 sites, the Group currently employs over 1,000 people and was successfully listed on London's AIM market in August 2017.

Import Services is the leading port centric logistics company in the UK, operating from Southampton, linking intelligent networks of supply chain services, with global real time information, to meet the new world of retailing. For more information visit https://importservices.co.uk

For more information, please visit:  www.xpediator.com .

Alternatively, do follow us on Twitter at  @Xpediator  or find us on LinkedIn at  Xpediator Plc .

 

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