Business
Payment of Suspended 2019 Dividend
Payment of Suspended 2019 Dividend.
About this update from Grafton Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 2366M\n Grafton Group PLC\n 20 January 2021\n \n \n \n \n Grafton Group plc\n \n \n \n \n \n Payment of Suspended 2019 Dividend\n \n \n \n \n \n Grafton Group plc, the international building materials distributor and DIY retailer, is pleased to announce the reinstatement of the second interim dividend for 2019.\n \n \n \n \n \n In advance of the Extraordinary General Meeting of the Group to be held tomorrow 21st January 2021 to approve certain resolutions to allow for the migration from the CREST securities settlement system to Euroclear Bank (the \"Migration\") and following recent advice from Euroclear Bank to avoid corporate actions in the weeks around the Migration in March 2021, the Board has agreed that the previously suspended second interim dividend for 2019 will now be paid on 19 February 2021. \n \n \n \n \n \n The precautionary measures adopted by the Group to preserve liquidity in response to the pandemic included suspension of the second interim dividend for the year ended 31 December 2019 of 12.5p per share that was due to be paid on 6 April 2020 in the amount of £30 million. \n \n \n \n \n \n This dividend will be paid from UK sourced income on the \"C\" Ordinary Shares in Grafton Group (UK) plc to all holders of Grafton Units on the Register of Members at the close of business on 29 January 2021, the Record Date (ex-dividend date is 28 January 2021). \n \n \n \n \n \n \n \n \n Ends\n \n \n \n \n \n For further information please contact:\n \n \n Grafton Group plc +353 1 216 0600\n \n \n Gavin Slark Chief Executive Officer \n \n \n David Arnold Chief Financial Officer\n \n \n \n \n \n Murray +353 1 498 0300\n \n \n Pat Walsh\n \n \n \n \n \n \n MHP Communications +44 20 3128 8100\n \n \n \n \n Tim Rowntree/Rachel Mann\n \n \n \n \n \n \n \n \n \n \n \n Note\n \n \n  ...