Huntsworth plc Proposes Final Dividend, Payable on September 18, 2020
April 09, 2020 at 11:59 am EDT
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Huntsworth plc announced that the board are proposing a final dividend of 1.85 pence per ordinary share for the year ended 31st December 2019, which will be subject to shareholder approval at the Meeting on 22 June 2020. Shareholders will note that, if approved by shareholders, the 2019 Final Dividend will be only payable if the scheme of arrangement dated 23 March 2020 in respect of the proposed acquisition of the company by CD&R Artemis UK Bidco Limited has not become effective by midday on 7 August 2020. If the 2019 Final Dividend is approved and becomes payable, the dividend will be paid on 18 September 2020 to shareholders on the register at the close of business on 7 August 2020 (with the shares trading ex-dividend on 6 August 2020.
Huntsworth Limited is a United Kingdom-based intermediate holding company. The Company is engaged in healthcare and communication activities. The Company, through its subsidiaries, is focused on health that provides marketing and medical communications services to healthcare clients, which are primarily large and mid-size pharmaceuticals and biotechnology companies. It also provides a range of communications and advisory services, including strategic communications, public affairs, investor relations and consumer marketing. The Companyâs financial instruments comprise bank loans, bank overdrafts, loan notes, and cash and short-term deposits. The Companyâs geographical areas include the United Kingdom, Europe, the United States and the rest of the world. The Companyâs subsidiaries operate in approximately 28 in the United Kingdom and Europe.