28th Aug 2020 15:10
Hostelworld Group PLC - hostel-focused online booking platform - Confirms intent to issue new shares through a bonus issue, equating to 1.0 euro cent per share, as a replacement for a cash dividend payout. Qualifying shareholders will be issued one bonus shares for every 70.09 shares held at the record time. Issue is conditional on shareholder approval at a general meeting on September 17.
Current stock price: 62.70 pence
Year-to-date change: down 50%
By Dayo Laniyan; [email protected]
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