Charles Taylor PLC Dividend Payment (1705X)
May 04 2016 - 1:01AM
UK Regulatory
TIDMCTR
RNS Number : 1705X
Charles Taylor PLC
04 May 2016
Date: 4 May 2016
On behalf of: Charles Taylor plc ("Charles Taylor" the "Group"
or "Company")
Charles Taylor plc
Dividend Payment
The Company advises that in order to rectify an administrative
error which set the dividend payment date of 6 May 2016 before the
Company's AGM to be held on 17 May 2016, the Board intends to pay a
dividend of 7p per ordinary share on 6 May 2016 as a Second Interim
Dividend (instead of as a Final Dividend as proposed in the
Company's Notice of AGM). This ensures that shareholders will
receive their dividend on the date previously announced.
Accordingly, the directors are withdrawing their recommendation to
vote in favour of Resolution 3 (Final Dividend) set out in the
Notice of AGM and propose that Resolution 3 (Final Dividend) will
not be put to the Company's AGM.
All other aspects of the Second Interim Dividend proposed to be
paid on 6 May 2016, including the rate of 7p per ordinary share,
remain the same as the Final Dividend proposed in the Company's
Notice of AGM.
The Board apologises for the error and regrets that shareholders
will not have the opportunity to vote on the payment of the
dividend this year.
-ENDS-
For further information:
Charles Taylor plc
David Marock, Group Chief
Executive Officer
Mike Lord, Group Communications Via Redleaf Communications
Director
Redleaf Communications ct@redleafpr.com
Rebecca Sanders-Hewett
Charlie Geller
Susie Hudson 020 7382 4730
Notes to editors
About Charles Taylor
Charles Taylor plc is a leading provider of professional
services to clients across the global insurance market. The Group
has been providing services since 1884 and today employs over 1,300
staff in 69 offices spread across 28 countries in the UK, the
Americas, Asia Pacific, Europe, the Middle East and Africa.
The Group offers services, principally on a fee-based model and
operates through three businesses - Management, Adjusting and
Insurance Support Services. Charles Taylor also owns insurers,
creating value through select acquisitions and operational
efficiency.
Further information is available at www.ctplc.com.
Statements made in this announcement that look forward in time
or that express management's beliefs, expectations or estimates
regarding future occurrences are "forward-looking statements"
within the meaning of the United States federal securities laws.
These forward-looking statements reflect the Group's current
expectations concerning future events and actual results may differ
materially from current expectations or historical results.
This information is provided by RNS
The company news service from the London Stock Exchange
END
DIVLIFVEEVISIIR
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