8th Jan 2008 12:08
Accident Exchange Group PLC08 January 2008 FOR IMMEDIATE RELEASE 8 January 2008 Accident Exchange Group Plc ("Accident Exchange") DECLARATION OF INTERIM DIVIDEND Following the issue today of £50.0 million Convertible Notes the Board of Accident Exchange has also today declared an interim dividend of 1.0 pence per share to be paid on 15 February 2008 to shareholders on the register on 18 January 2008. The ex-dividend date will be 16 January 2008. Payment of this dividend will result in a reduction to the initial conversion price of the Convertible Notes by approximately 1.0p. End CONTACTS: Accident Exchange Group PlcSteve Evans, Chief Executive 08700-116 719Martin Andrews, Group Finance Director 08700-053 649 Morgan StanleyJoel Hope-Bell 020-7425-8698Antoine de Guillenchmidt 020-7677-9726 Numis Securities Ltd 020-7260-1000Chris Wilkinson, Corporate Broking BanksideSteve Liebmann or Simon Bloomfield 020-7367-8888 About Accident Exchange Based in Coleshill, West Midlands, Accident Exchange delivers accident management and other solutions to automotive and insurance related sectors. Fully listed, the stock code is LSE: ACE. For further information on Accident Exchange, please visit the company's website: www.accidentexchange.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ACE.L