REG - Fresnillo Plc - Conversion rate for 2018 Interim Dividend

FresnilloAnnouncement

14/08/2018 10:35

RNS Number : 7545X
Fresnillo PLC
14 August 2018
 


                                                                                                         Fresnillo Plc
21 Upper Brook Street
London W1K 7PY
United Kingdom
www.fresnilloplc.com
 
14 August 2018
 
Conversion Rate for 2018 Interim Dividend
 
Further to the announcement of the results of Fresnillo plc ("the Company") for the six months ended 30 June 2018 released on 31 July 2018, the directors of the Company have determined that the exchange rate to be applied to the interim dividend is 1.27774 US$/GB£. The sterling equivalent of the interim dividend of 10.7 US cents per share announced on 31 July 2018 will therefore be 8.3742 pence per share.
 
The interim dividend will be paid on 7 September 2018 to shareholders on the register on 10 August 2018.
 
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For further information, please visit our website: www.fresnilloplc.com or contact:
 




Fresnillo plc
London Office                                   
Gabriela Mayor, Head of Investor Relations
Patrick Chambers


Tel: +44 (0)20 7399 2470




Mexico City Office
Ana Belem Zárate


Tel: +52 55 52 79 3206




Powerscourt


Tel: +44 (0)20 7549 0997




Peter Ogden


 




 
 
About Fresnillo plc
Fresnillo plc is the world's largest primary silver producer and Mexico's largest gold producer, listed on the London and Mexican Stock Exchanges under the symbol FRES.
Fresnillo plc has seven operating mines, all of them in Mexico - Fresnillo, Saucito, Ciénega (including the San Ramón satellite mine), Herradura, Soledad-Dipolos1, Noche Buena and San Julián (phase I and II), two development projects - the pyrites plant, and second line of DLP at Herradura, and four advanced exploration projects - Orisyvo, Juanicipio, Las Casas Rosario & Cluster Cebollitas and Centauro Deep, as well as a number of other long term exploration prospects. In total, Fresnillo plc has mining concessions covering approximately 1.8 million hectares in Mexico and 700 thousand hectares in Peru.
Fresnillo plc has a strong and long tradition of exploration, mining, a proven track record of mine development, reserve replacement, and production costs in the lowest quartile of the cost curve for silver.
Fresnillo plc's goal is to maintain the Group's position as the world's largest primary silver company, producing 65 million ounces of silver per year by 2018, having already surpassed the gold target of 750,000 ounces.
 
1 Operations at Soledad-Dipolos are currently suspended




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