Brief: Fidelity Special Values recommends interim dividend of 2.10 pence per share

Fidelity Special Values

28/04/2020 07:19

April 28 (Reuters) - Fidelity Special Values PLC  FSV.L :
    * BOARD OF FIDELITY SPECIAL VALUES PLC RECOMMENDS AN INTERIM
DIVIDEND PAYMENT OF 2.10 PENCE PER SHARE
    * COMPANY RECORDED A NET ASSET VALUE ("NAV") TOTAL RETURN OF
-6.1%
FOR SIX MONTHS ENDED 29 FEBRUARY 2020
    * OVER FIVE YEARS, COMPANY'S NAV TOTAL RETURN HAS INCREASED
BY
29.8% AND SHARE PRICE TOTAL RETURN BY 42.5%
    * WHILE CURRENT SITUATION IS UNSETTLING AND MARKET
VOLATILITY
HIGH, INDISCRIMINATE SELL-OFF IS CREATING INTERESTING INVESTMENT
OPPORTUNITIES
    * COMPANY'S REVENUE RETURN FOR SIX MONTHS TO 29 FEBRUARY
2020 WAS
1.83 PENCE PER SHARE
    * BOARD HAS DECLARED AN INTERIM DIVIDEND OF 2.10 PENCE PER
SHARE
THEREBY MAINTAINING 2.10 PENCE PER SHARE PAID AS INTERIM
DIVIDEND IN 2019
    * SHARON BROWN STEPPED DOWN FROM BOARD IN DECEMBER 2019 AND
WAS
SUCCEEDED AS CHAIR OF AUDIT COMMITTEE BY CLAIRE BOYLE AND AS
SENIOR INDEPENDENT DIRECTOR BY DEAN BUCKLEY
    * ALISON MCGREGOR WAS APPOINTED TO THE BOARD AS A
NON-EXECUTIVE
DIRECTOR ON 1 JANUARY 2020.

Source text for Eikon:  ID:nPRrRE7CDa 
Further company coverage:  FSV.L 

 (Reporting By Pamela Barbaglia)
 ((pamela.barbaglia@thomsonreuters.com;  ;))