Update Re H2 Dividend Payment Timing

RNS Number : 2321J

Capital Drilling Limited

08 April 2020

 

For Immediate Release

08 April 2020

Capital Drilling Limited

("Capital Drilling", the "Group" or the "Company")

Update Re H2 Dividend Payment Timing

Following the announcement of the Full Year Results to 31 December 2019 and the dividend declaration announced on 19 March 2020, Capital Drilling wishes to confirm that the payment of the second half dividend of 0.7c per share will be paid as scheduled on 4 May 2020, as previously stipulated.

The shareholders are required to approve the payment of a final dividend at the Annual General Meeting ("AGM").  However, due to the delay of the holding of the AGM because of the impact from the COVID-19 global pandemic, the dividend for the second half will now be classed as a further interim dividend ("second half interim dividend") and will be equal to but in lieu of a final dividend.

To note, the current number of shares in issue are 136,980,903.

With the above in mind the payment schedule for the second half interim dividend is as follows:

DIVIDEND TIMETABLE
March 19, 2020	FY 2019 Results release & dividend declaration
April 09, 2020	Ex-dividend date
April 14, 2020	Record date
May 04, 2020	Payment date

- ENDS -

For further information, please visit Capital Drilling's website www.capdrill.com or contact:

Capital Drilling Limited   [phone]

Jamie Boyton, Executive Chairman    [e-mail]

Rick Robson, Executive - Corporate Development

André Koekemoer, Chief Financial Officer

 

Berenberg    [phone]

Matthew Armitt

Jennifer Wyllie

Detlir Elezi  

Tamesis Partners LLP    [phone]

Charlie Bendon

Richard Greenfield

Buchanan  [phone]

Bobby Morse    [e-mail]

Kelsey Traynor

James Husband

About Capital Drilling

Capital Drilling is a leading mining services business providing a complete range of drilling and mine site services to mineral exploration and mining companies, with a focus on the African markets. The company's services include: exploration, development, drill and blast and grade control drilling for surface and underground projects and load and haul services. The Group's corporate headquarters are in Mauritius and it has established operations in Botswana, Burkina Faso, Côte d'Ivoire, Egypt, Mali, Mauritania, Namibia, Nigeria and Tanzania.

 

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