Announcement of Interim Dividend

RNS Number : 2675Y

Livermore Investments Group Limited

22 January 2014

 



22 January 2014

LIVERMORE INVESTMENTS GROUP LIMITED

("Livermore" or the "Group")

Announcement of Interim Dividend

The Directors of Livermore are pleased to announce that at the Board meeting held on Tuesday 21 January 2014, it was agreed that the Group would pay an interim dividend of US$0.0256 per Ordinary Share to members on the register at the close of business on Friday 7 February 2014. Ordinary Shares will be marked ex-dividend on Wednesday 5 February 2014 and the dividend will be paid on 27 February 2014. Based on the total number of Ordinary Shares in the Group with voting rights of 195,253,583, the total dividend payment represents approximately US$5m.

The Board has decided to pay this interim dividend based on the Group's profitability, liquidity requirements, portfolio performance and market conditions. The dividend will be paid from distributable reserves held in cash not currently utilised in the business. The Group continues to trade in line with management expectation.

The Group expects to announce its annual results for the year ended 31 December 2013 in the month of May 2014.

Enquiries

Livermore Investments Group Limited	[phone]
Gaurav Suri
Nominated Advisor and Broker	[phone]
Arden Partners plc
Adrian Trimmings / Katelin Kennish

 

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