At the time of listing the Board proposed a progressive dividend policy. The company paid a total dividend of 17.05 cents for the year ended 31 March 05.
The Company has announced an Interim dividend for the year ending 31 March 2006 of 5.7
The dates in respect of the interim dividend, are as follows:
| Announcement date |
17 November 2005 |
|
| Ex dividend date |
14 December 2005 |
|
| Record date |
16 December 2005 |
|
| Post vouchers |
11 January 2006 (2nd class) |
|
| Post warrants |
12 January 2006 (1st class) |
|
| Pay date |
13 January 2006 |
|
| Rate |
5.7 |
|
| Dividend number |
4 |
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Shareholders may elect to receive the dividend in UK pounds sterling if they wish. The Board has determined that the exchange rate to be applied to convert the dividend into UK pounds will be £0.57476 to the US dollar, equating to 3.2761 pence per share. This exchange rate is based on the average exchange rate for five business days prior to the announcement of the Company's results on 17 November 2005.
Shareholders wishing to receive their dividends in UK pounds sterling should notify the Company's Registrars by 30 December 2005. The Company's Registrars can also arrange for dividends to be paid direct into shareholders' UK bank accounts. This arrangement will only be available in respect of dividends paid in UK pounds sterling.
The Company's Registrars are Computershare Investor Services PLC and can be contacted on PO Box 82, The Pavilions, Bridgwater Road, Bristol BS99 7NH or on telephone number +44 (0) 870 702 0000.
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