17th Apr 2012 15:17
Amsterdam, 17 April 2012
New World Resources announces exchange rates for the final dividend 2011
New World Resources Plc ('NWR' or the 'Company'), announces that it has fixed the Euro exchange rate for the payment of the final dividend of EUR 0.07 per A share.
The exchange rate is: EUR/GBP 0.82340
The equivalent of EUR 0.07 per share dividend is GBP 0.057638
Euro exchange rate is fixed for both New World Resources Plc and New World Resources N.V. ('NWR NV')
On 23 February 2012, NWR proposed the final dividend (for both NWR Plc and NWR NV shareholders) for the full-year ended 31 December 2011 of EUR 0.07 per share. NWR publishes its accounts in Euros but has made arrangements for shareholders, who elected to do so prior to 13 April 2012, to receive the dividend in Sterling, with the respective amounts payable determined by the Euro exchange rate fixed on 17 April 2012.
The payment date for this dividend is 2 May 2012.
- Ends -
For further information please contact:
Investor Relations Corporate Communications
Tel: +31 20 570 2244 Tel: +31 20 570 2229
Email: [email protected] Email: [email protected]
Website: www.newworldresources.eu
About NWR
NWR is one of Central Europe's leading hard coal and coke producers. NWR produces quality coking and thermal coal for the steel and energy sectors in Central Europe through its subsidiary OKD, a.s. ('OKD'), the largest hard coal mining company in the Czech Republic. NWR's coke subsidiary, OKK Koksovny, a.s. ('OKK') is Europe's largest producer of foundry coke. NWR currently has two development projects in Poland, Debiensko and Morcinek, which form part of NWR's regional growth strategy. NWR is a FTSE 250 company, with listings in London, Prague and Warsaw.
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