Directors Increase Their Holdings via Scrip Dividend Alternative

By June 25, 2010April 17th, 2015Anglo Pacific News
Anglo Pacific Group plc (“the Company) announces that, pursuant to the Scrip Dividend Alternative that had been approved at the Annual General Meeting on 21st April 2010, it has on 24th June 2010 allotted 504,277 Ordinary Shares of 2p each in the Company in respect of the final dividend for the year ended 31st December 2009. Shareholders representing 24.1% of the issued share capital elected to take scrip instead of cash. The above shares rank pari passu in every respect with the existing issued ordinary shares in the Company. Application has been made to the UK Listing Authority and to the London Stock Exchange for these shares to be admitted to the Official List and to trading on the London Stock Exchange’s Main Market for listed securities and it is expected that dealings will commence on 7th July 2010.
Subject to receipt of the approvals aforementioned, for the purposes of the FSA’s Disclosure and Transparency Rules, the Company advises that its issued share capital will comprise 108,488,713 ordinary shares of 2p each. The voting rights of all of these shares are identical with each share carrying the right to one vote. The Company holds no shares in Treasury. Therefore, the Company’s total number of voting rights will be 108,488,713. The above figure (108,488,713) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Anglo Pacific Group plc under the Disclosure and Transparency Rules.
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