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Royal Mail

29th Nov 2021 17:30

RNS Number : 9398T
FTSE Russell
29 November 2021
 

 

 

 

 

Royal Mail (UK) - Treatment of Special Dividend

Informative Notice

29 November 2021

Royal Mail (UK, BDVZYZ7, FTSE 100, GEIS Mid Cap) have announced their intention to return £400 million of capital to shareholders. £200 million will be returned by way of a share buyback programme that will run from 18 November 2021 to 19 July 2022, and £200 million will be returned in the form of a special cash dividend, with an Ex-date of Thursday 02 December 2021 (open).

 

FTSE Russell understands that the final dividend amount per share will depend on the number of shares in issue on the Record Date of Friday 03 December 2021. Therefore, FTSE Russell has calculated an indicative dividend amount by dividing the total distribution of £200 million by the latest available shares in issue total, as published by the company. Consequently, FTSE Russell will implement a special dividend adjustment of GBP 0.200018 on the Ex-date (open).

 

A further compensatory adjustment will be applied for the next business day (open), if necessary, once the final dividend amount has been confirmed by the company.

 

 

 

 

 

 

 

For further information please contact FTSE Russell Client Services at [email protected] or call:

Australia

+1800 653 680

Hong Kong

+852 2164 3333

Japan

+81 3 4563 6346

London

+44 (0) 20 7866 1810

New York

+1866 551 0617

 

Alternatively please visit our website at www.ftserussell.com

 

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