LONDON - Baltic Classifieds Group PLC has confirmed the sterling dividend rate for its recently declared interim dividend, following its 2025 Half Year results announced on December 5, 2024. Shareholders who opted or defaulted to receive their dividend in GBP before the January 3, 2025 deadline will be paid at a rate of 0.9978 pence per share.
The exchange rate applied for the conversion from euros to sterling is EUR 1 = GBP 0.8315. This rate determines the amount shareholders will receive for the interim dividend initially declared at €1.2 cents per share.
Eligible shareholders, those who were on the company's register at the close of business on December 13, 2024, will receive their dividends on January 24, 2025. The company has provided guidance on its website for shareholders who wish to change their currency election for future dividends. If no election is made, shareholders will receive dividends in the same currency as the previous payment.
This announcement is based on a press release statement and provides shareholders with the necessary information on the upcoming dividend payment. Baltic Classifieds Group PLC has made available the details for shareholders to understand the conversion and payment process for the interim dividend.
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