Ferrexpo PLC Ferrexpo Special Interim Dividend (4685Y)
02 1월 2020 - 4:00PM
UK Regulatory
TIDMFXPO
RNS Number : 4685Y
Ferrexpo PLC
02 January 2020
2 January 2020
FERREXPO PLC
("Ferrexpo", "the Company" or the "Group")
Ferrexpo Special Interim Dividend
In line with prior years, Ferrexpo is pleased to announce a
special interim dividend of 6.6 US cents (2018: 6.6 US cents; 2017:
3.3 US cents).
The special dividend reflects the Group's strong cash generation
ability and the Board's strategy to maintain a balance between
sustainable and attractive shareholder returns, investment in
growth opportunities and balance sheet strength.
To date, total dividends declared in respect of the 2019
financial year amount to 13.2 US cents, or approximately
US$80million. This consists of an ordinary interim dividend of 6.6
US cents (2018: 3.3 US cents) declared in August 2019 and today's
special interim dividend of 6.6 US cents (2018: 6.6 US cents).
The Board of Ferrexpo will consider the final dividend for the
2019 financial year ahead of the Group's full year results
announcement on 18 March 2020.
The interim special dividend will be paid on 17 January 2020 to
shareholders on the register at the close of business on 10 January
2020. It will be paid in UK Pounds Sterling, with an election to
receive in US Dollars.
For further information contact:
Ferrexpo:
Ingrid McMahon +44 207 389 8304
Maitland:
James Isola +44 207 379 5151
Notes to Editors:
Ferrexpo is a Swiss headquartered iron ore company with assets
in Ukraine. It has been mining, processing and selling high quality
iron ore pellets to the global steel industry for 40 years.
Ferrexpo's resource base is one of the largest iron ore deposits in
the world. In 2018, the Group produced 10.6 million tonnes of
pellets, a 2% increase compared to 2017, ranking it as the 3rd
largest exporter of pellets to the global steel industry with a
market share of approximately 8%. Ferrexpo has a diversified
customer base supplying steel mills in Austria, Germany, Japan,
South Korea, Taiwan, China, Slovakia, the Czech Republic, Turkey,
Vietnam and America. Ferrexpo has a premium listing on the main
market of the London Stock Exchange. Since its IPO in 2007, the
Group has paid approximately US$658 million in dividends to
shareholders, invested over US$2.4 billion of capital into its
operations and paid US$761 million in taxes and royalties to the
Ukrainian government. For further information, please visit
www.ferrexpo.com
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 rns@lseg.com or visit www.rns.com.
END
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