Livermore Investments Group Limited Announcement of Interim Dividend (2675Y)
January 22 2014 - 8:51AM
UK Regulatory
TIDMLIV
RNS Number : 2675Y
Livermore Investments Group Limited
22 January 2014
22 January 2014
LIVERMORE INVESTMENTS GROUP LIMITED
("Livermore" or the "Group")
Announcement of Interim Dividend
The Directors of Livermore are pleased to announce that at the
Board meeting held on Tuesday 21 January 2014, it was agreed that
the Group would pay an interim dividend of US$0.0256 per Ordinary
Share to members on the register at the close of business on Friday
7 February 2014. Ordinary Shares will be marked ex-dividend on
Wednesday 5 February 2014 and the dividend will be paid on 27
February 2014. Based on the total number of Ordinary Shares in the
Group with voting rights of 195,253,583, the total dividend payment
represents approximately US$5m.
The Board has decided to pay this interim dividend based on the
Group's profitability, liquidity requirements, portfolio
performance and market conditions. The dividend will be paid from
distributable reserves held in cash not currently utilised in the
business. The Group continues to trade in line with management
expectation.
The Group expects to announce its annual results for the year
ended 31 December 2013 in the month of May 2014.
Enquiries
Livermore Investments Group Limited +41 43 344 3200
Gaurav Suri
Nominated Advisor and Broker +44 207 614 5917
Arden Partners plc
Adrian Trimmings / Katelin Kennish
This information is provided by RNS
The company news service from the London Stock Exchange
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