Dividend Information
Dividend policy
The Directors currently intend to adopt a progressive dividend policy, initially targeting a dividend payout of approximately one third of net income each year, payable by way of an interim and final dividend each year.
The Board is declaring a final dividend, subject to shareholder approval, consistent with the policy above in respect of the year ended 31 December 2007 of two thirds of the annual targeted payout ratio representing one third of adjusted net income. This equates to £8.1m and represents 1.63p per ordinary share. The ex-dividend date is 19 March 2008, with a record date of 25 March 2008 and a payment date of 30 April 2008.
