19th Dec 2007 07:00
DCC PLC18 December 2007 Dividend from Manor Park DCC plc ("DCC") announces that, following a share capital reorganisation by its49% owned associate, Manor Park Homebuilders Limited ("Manor Park"), DCC hasreceived a dividend of €172 million from Manor Park, as franked investmentincome. The dividend received by DCC will give rise to an exceptional profit ofapproximately €86 million. DCC now expects to report an overall Groupexceptional profit for the year as a whole of approximately €25 million. Following the receipt of this dividend, the value of DCC's 49% shareholding inManor Park is no longer material. For reference, please contact: Jim Flavin, Executive Chairman or Gerard Whyte, Group Secretary Tel: +353 1 2799 400Email: [email protected] This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
DCC