22nd May 2015 10:15
LONDON (Alliance News) - United Carpets PLC shares rose Friday morning after the company said it will pay a 1 pence per share special dividend.
The company said it will pay the dividend "in recognition of the support shown by shareholders and the improved financial position of the company".
Its shares were up 17% on the news to 10.5045 pence, one of the best performers in the AIM All-Share index.
"We are delighted to be able to declare a special dividend today, reflecting the improvements we have made in the business over the last few years which have enabled us to now reward our shareholders for their continued support and loyalty," said Paul Eyre, United Carpets' chief executive.
By Sam Unsted; [email protected]; @SamUAtAlliance
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