REG - ASA Intnl. Grp PLC - Interim Dividend Declaration

ASA InternationalAnnouncement

05/12/2024 07:15

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RNS Number : 8720O  ASA International Group PLC  05 December 2024

ASA International Group plc - Interim Dividend Declaration

ASA International Group plc (LSE: ASAI), one of the world's largest
international microfinance institutions, is today pleased to declare an
interim dividend of USD 0.03 per share.

Given the sustained improvement in ASA International's operational and
financial performance as demonstrated in the 2024 Interim Results and the Q3
2024 Business Update and in line with the capital allocation framework, the
Board has approved an interim dividend of USD 0.03 per share. This is the
equivalent of 2.37 pence per share based on the USD/GBP exchange rate as of 4
December 2024. The exact exchange rate will be set on 16 December 2024, prior
to payment of the dividend on 20 December 2024.

The Board expects to declare a final dividend for 2024 alongside the
publication of the 2024 Full Year Results on 24 April 2025.

ASA International intends over time to pay a dividend with a target aggregate
dividend pay-out ratio of 30 percent of IFRS net profits realized during the
financial year. The Board may elect to pay any such dividend in two
instalments in the form of an interim dividend and a final dividend. This
dividend policy reflects the long-term earnings and cash-flow potential of the
Group, consistent with maintaining sufficient financial flexibility.

Interim Dividend Timetable

05 December 2024           Announcement

12 December 2024           Shares quoted ex-dividend on the London
Stock Exchange

13 December 2024           Record date

16 December 2024           Exchange rate determined for payment of
dividends in sterling

20 December 2024           Payment date

Contact Details

ASA International Group plc

Investor Relations

Jonathan Berger
ir@asa-international.com (mailto:ir@asa-international.com)

About ASA International Group plc

ASA International Group plc (LSE: ASAI) is one of the world's largest
international microfinance institutions, with a strong commitment to financial
inclusion and socioeconomic progress. The company provides small, socially
responsible loans to low-income, financially underserved entrepreneurs,
predominantly women, across South Asia, South East Asia, West and East Africa.

Disclaimer

'ASA International', the 'Company', the 'Group' all refer to ASA International
Group plc and its subsidiaries.

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