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

City of London InvestmentAnnouncement

17/03/2023 14:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230317:nRSQ4122Ta&default-theme=true

RNS Number : 4122T  City of London Investment Group PLC  17 March 2023

City of London Investment Group PLC

17 March 2023



 CITY OF LONDON INVESTMENT GROUP PLC

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

 

INTERIM DIVIDEND - US DOLLAR CONVERSION RATE

 

On 20 January 2023 City of London (LSE: CLIG) announced an interim dividend
for the year ending 30 June 2023 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 16 March 2023, resulting
in an applicable exchange rate of £1:US$1.2109. Accordingly, the USD amount
payable to shareholders in relation to the final dividend will be 13.3
cents per share.

 

The final dividend of 11 pence per share (equivalent to 13.3 cents per
share) will be paid on 31 March 2023.

 

 

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DIVFLFLSVVIDLIV