REG - City of Lon Inv Grp - INTERIM DIVIDEND – US DOLLAR CONVERSION RATE

City of London InvestmentAnnouncement

14/03/2024 12:00

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RNS Number : 9063G  City of London Investment Group PLC  14 March 2024

City of London Investment Group PLC

14 March 2024



 CITY OF LONDON INVESTMENT GROUP PLC

("City of London", "the Group" or "the Company")

 

INTERIM DIVIDEND - US DOLLAR CONVERSION RATE

 

On 22 January 2024 City of London (LSE: CLIG) announced an interim dividend
for the year ending 30 June 2024 of 11p per share, and that we would also
give the option for shareholders to elect to receive dividends in USD at an
exchange rate to be announced two weeks before the dividend payment date.

 

The USD amount payable in respect of the final dividend has been determined
with reference to the closing market exchange rate on 13 March 2024, resulting
in an applicable exchange rate of £1:US$1.2797. Accordingly, the USD amount
payable to shareholders in relation to the final dividend will be 14.1
cents per share.

 

The final dividend of 11 pence per share (equivalent to 14.1 cents per
share) will be paid on 28 March 2024.

 

 

For further information, please visit http://www.clig.co.uk/
(http://www.clig.co.uk/) or contact:

 

Tom Griffith, CEO

City of London Investment Group PLC

Tel: 001-610-380-0435

 

Martin Green / James Hornigold

Zeus Capital Limited

Financial Adviser & Broker

Tel: +44 (0)20 3829 5000

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