Response to share price movement

RNS Number : 3373D

Anglo Pacific Group PLC

26 October 2015

 

News Release

October 26, 2015

Anglo Pacific Group PLC

Response to share price movement

Anglo Pacific Group PLC ("Anglo Pacific", or the "Company") (LSE: APF, TSX: APY), the London and Toronto listed royalty company, notes the recent weakness in the Company's share price and would like to advise the market that it is not aware of any undisclosed reason for this decline.

Anglo Pacific believes that the large volume of shares traded recently is due to index-fund selling as a result of the Company's move from a "premium listing (commercial company)" to a "standard listing" on October 16, 2015.

As previously announced on August 26, 2015, the Company will pay the interim dividend for 2015 of 4.00p per share on February 4, 2016 to shareholders on the register at the close of business on November 27, 2015. The shares will be quoted ex-dividend in London on November 26, 2015 and in Canada on November 25, 2015.

For further information:

Anglo Pacific Group PLC                                                                                  [phone]

Julian Treger, Chief Executive Officer

Kevin Flynn, Company Secretary

Website:                                                                                                    www.anglopacificgroup.com

Bell Pottinger                                                                                                    [phone]

Nick Lambert / Lorna Cobbett

Notes to Editors

About Anglo Pacific

Anglo Pacific is a global natural resources royalty company. The Company's strategy is to develop a leading international diversified royalty company with a portfolio centred on base metals and bulk materials, focusing on accelerating income growth through acquiring royalties on projects that are currently cash flow generating or are expected to be within the next 24 months. It is a continuing policy of the Company to pay a substantial portion of these royalties to shareholders as dividends.

 

END

 

 

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