Business
Cancellation of Dividend
Cancellation of Dividend.
About this update from Croma Security Solutions Group Plc
[{"type":"text","content":"\n \n \n RNS Number : 8521G\n Croma Security Solutions Group PLC\n 19 March 2020\n \n \n \n \n .\n \n \n \n \n \n 19 March 2020\n \n \n CROMA SECURITY SOLUTIONS GROUP PLC\n \n \n (\"CSSG\" or the \"Group\")\n \n \n Cancellation of Dividend \n \n \n In its interim results announced on 2 March 2020, CSSG announced\n its intention to pay an interim dividend of 0.75p per share on 8 April 2020 to shareholders on the register on 26 March 2020. In light of the impact of the Covid 19 outbreak and the recent marked escalation in the measures being taken to combat it, the Directors have decided to cancel the payment of this dividend .The Directors' intention is to reinstate this dividend once there is greater clarity as to the longer term impact of the outbreak on the Group's business. The Board is evaluating the actions that it may take to mitigate the impact of the outbreak on the Group, its business and staff and its customers and to preserve the cash reserves of the Group for the time being. The Directors believe that this is a prudent course of action and is in the best long term interests of the Group and its shareholders.\n \n \n \n \n \n For further information contact:\n \n \n \n \n \n \n Croma Security Solutions Group plc\n \n \n Sebastian Morley, Chairman\n \n \n \n \n \n \n \n \n \n \n Tel: +44 (0)7768 006 909\n \n \n \n \n \n \n WH Ireland Limited (NOMAD and Broker)\n \n \n Mike Coe / Chris Savidge\n \n \n \n \n \n \n \n \n \n \n Tel: +44 (0)207 220 1666\n \n \n \n \n \n \n Novella Communications\n \n \n Tim Robertson / Toby Andrews\n \n \n \n \n Tel: +44 (0)203 151 7008\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.\n END\n \n MSCSFMFLUESSEID\n ","length":4547,"tagName":"div"}]