REG - Capital Drilling Ltd - Update Re H2 Dividend Payment Timing

CapitalAnnouncement

08/04/2020 11:45

RNS Number : 2321J
  
Capital Drilling Limited
  
08 April 2020
  
 





For Immediate Release


08 April 2020




 
 
Capital Drilling Limited
("Capital Drilling", the "Group" or the "Company")
 
 
Update Re H2 Dividend Payment Timing
 
Following the announcement of the Full Year Results to 31 December 2019 and the dividend declaration announced on 19 March 2020, Capital Drilling wishes to confirm that the payment of the second half dividend of 0.7c per share will be paid as scheduled on 4 May 2020, as previously stipulated.
The shareholders are required to approve the payment of a final dividend at the Annual General Meeting ("AGM").  However, due to the delay of the holding of the AGM because of the impact from the COVID-19 global pandemic, the dividend for the second half will now be classed as a further interim dividend ("second half interim dividend") and will be equal to but in lieu of a final dividend.
To note, the current number of shares in issue are 136,980,903.
With the above in mind the payment schedule for the second half interim dividend is as follows:




DIVIDEND TIMETABLE




March 19, 2020


FY 2019 Results release & dividend declaration




April 09, 2020


Ex-dividend date




April 14, 2020


Record date 




May 04, 2020


Payment date




 
 
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For further information, please visit Capital Drilling's website www.capdrill.com or contact:
 
Capital Drilling Limited                                                       +230 464 3250
Jamie Boyton, Executive Chairman                                   investor@capdrill.com
Rick Robson, Executive - Corporate Development
André Koekemoer, Chief Financial Officer
 
 
 
Berenberg                                                                             +44 20 3207 7800
Matthew Armitt
Jennifer Wyllie
Detlir Elezi             
 
Tamesis Partners LLP                                                          +44 20 3882 2868
Charlie Bendon
Richard Greenfield
 
Buchanan                                                                               +44 20 7466 5000
Bobby Morse                                                                        capitaldrilling@buchanan.uk.com 
Kelsey Traynor
James Husband
 
 
                
About Capital Drilling 
 
Capital Drilling is a leading mining services business providing a complete range of drilling and mine site services to mineral exploration and mining companies, with a focus on the African markets. The company's services include: exploration, development, drill and blast and grade control drilling for surface and underground projects and load and haul services. The Group's corporate headquarters are in Mauritius and it has established operations in Botswana, Burkina Faso, Côte d'Ivoire, Egypt, Mali, Mauritania, Namibia, Nigeria and Tanzania. 
 
 
 


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