Business
Update on Dividend Payments
Update on Dividend Payments.
About this update from Close Brothers Group Plc
[{"type":"text","content":"\n \n \n RNS Number : 5037I\n Close Brothers Group PLC\n 02 April 2020\n \n \n \n \n \n \n \n \n \n \n Update on Dividend Payments\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n The Board of Close Brothers Group plc has decided to cancel the payment of its 2020 interim dividend, payable on 22 April 2020, recognising the significant challenges currently faced by businesses and individuals, and consistent with our purpose of helping the people and businesses of Britain.\n \n \n The group's strong financial position and resilient business model leave us well placed to navigate these conditions. This decision will further increase our ability to execute our business model and support our customers, clients and employees in the current market environment.\n \n \n The Board will consider the payment of a full year dividend in respect of the financial year to 31 July 2020 in September, taking into account the group's performance and prevailing conditions at the time.\n \n \n \n \n \n Enquiries\n \n \n \n \n \n \n \n \n Sophie Gillingham\n \n \n \n \n Close Brothers Group plc\n \n \n \n \n 020 3857 6574\n \n \n \n \n \n \n Camila Sugimura\n \n \n \n \n Close Brothers Group plc\n \n \n \n \n 020 3857 6577\n \n \n \n \n \n \n Matt Bullivant\n \n \n \n \n Close Brothers Group plc\n \n \n \n \n 020 3857 6576\n \n \n \n \n \n \n Andy Donald\n \n \n \n \n Maitland\n \n \n \n \n 020 7379 5151\n \n \n \n \n \n \n \n \n About Close Brothers\n \n \n Close Brothers is a leading UK merchant banking group providing lending, deposit taking, wealth management services and securities trading. We employ over 3,000 people, principally in the UK. Close Brothers Group plc is listed on the London Stock Exchange and is a member of the FTSE 250.\n \n \n Inside Information\n \n \n This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014. For the purposes of Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Alex Dunn, Company Secretary & Head of Legal (Corporate and Bank Retail), for Close Brothers Group plc.\n \n \n \n \n \n Cautionary Statement\n \n \n Certain statements included within this announcement may constitute \"forward-looking statements\" in respect of the group's operations, performance, pro...