REG - City of Lon Inv Grp - Final Dividend - US Dollar Conversion Rate

City of London InvestmentAnnouncement

21/10/2022 11:15

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RNS Number : 7303D  City of London Investment Group PLC  21 October 2022

21 October 2022



 

 

 CITY OF LONDON INVESTMENT GROUP PLC

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

 

 

FINAL DIVIDEND - US DOLLAR CONVERSION RATE

 

 

 

On 19 July 2022 City of London (LSE: CLIG) announced a final dividend for the
year ending 30 June 2022 of 22p 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 20 October 2022,
resulting in an applicable exchange rate of £1:US$1.1235. Accordingly, the
USD amount payable to shareholders in relation to the final dividend will be
24.7 cents per share.

 

The final dividend of 22 pence per share (equivalent to 24.7 cents per
share), subject to approval at the AGM on 31 October 2022, will be paid on 4
November 2022.

 

 

 

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

Zeus Capital Limited

Financial Adviser & Broker

Tel: +44 (0)20 3829 5000

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