4th Dec 2015 09:03
RapidCloud International Plc
("RapidCloud", the "Company" or the "Group")
Reverse Scrip Dividend Scheme - Share Price
At the General Meeting of the Company held on 18 November 2015, it was approved that the Company will pay an interim dividend of £0.0067 per share to shareholders by way of a Reverse Scrip Dividend, as set out in the circular sent to shareholders on 2 November 2015 (the "Circular").
Pursuant to the Circular, the maximum entitlement of each shareholder is calculated with reference to a share price calculated as the average of the middle market quotations on the London Stock Exchange for the Ordinary Shares on the day on which they are first quoted "ex" dividend and the four subsequent dealing days (the "Share Price"). The "ex" dividend date being 26 November 2015.
The Share Price to be used in these calculations has been confirmed as 25.85p.
The timetable for the Reverse Scrip Dividend Scheme is as follows:
11 December 2015 | Final date for receipt of Cash Dividend Elections |
24 December 2015 | Posting of cheques and tax vouchers |
29 December 2015 | Payment of dividend / share allotment, and posting of share certificates and statements |
29 December 2015 | First day of dealing in the new Ordinary Shares |
CONTACTS
RapidCloud International Plc | |
Raymond Chee, Managing Director David Cotterell, Chairman
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WH Ireland, Nominated Adviser and Broker | Tel:+44 (0)20 7220 1666 |
Adrian Hadden Mark Leonard
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Walbrook, Financial PR and IR | Tel: +44 (0)20 7933 8792 |
Paul Cornelius Sam Allen |
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For further information, please visit www.rapidcloudasia.com
Related Shares:
RCI.L