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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Anglo Pacific Group Plc | LSE:APF | London | Ordinary Share | GB0006449366 | ORD 2P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 157.00 | 157.60 | 158.60 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:2744S Anglo Pacific Group PLC 20 November 2003 20th November 2003 ANGLO PACIFIC GROUP PLC The Board of Anglo Pacific Group PLC, (APG), is pleased to announce an interim dividend for the year ending 31st December 2003 of 1.3p net per ordinary share (2002 Interim 1.1p net). This will be paid to shareholders registered on the share register at the close of business on 5th December 2003. The shares will be quoted ex dividend in London on 3rd December 2003 and in Australia on 1st December 2003 and the dividend will be paid on 30th January 2004. Shareholders will be given the opportunity to elect to receive a scrip dividend instead of cash. Shareholders will shortly receive notice of an EGM to be held on Wednesday 7th January 2004 in order to approve the payment of scrip dividends. Anglo Pacific receives a 7% royalty based on the sales price per ton on its share of coal produced at two mines operated by Rio Tinto and BHP Billiton in Queensland, Australia.These royalties are unaffected by any reduced profitability of the mines due to the appreciating Australian dollar. Increased coal royalty receipts for the quarter ended 30th September 2003 confirm that mining has started reverting back to the privately owned areas of the mines. This will be reflected in the 2003 fourth quarter's cashflow which will be released as normal by 31st January 2004. With increasing demand for coking coal from both China and India as well as Japan, coking coal prices look set to increase. This is indicated by current spot prices which are well ahead of last year's fixed contract prices. With recent strong coal and base metal prices as well as higher gold and platinum group metal prices, the Board remains confident about the increasing value of its other coal and precious metal mining interests. The Board again wish to thank shareholders for their continued support. This information is provided by RNS The company news service from the London Stock Exchange END DIVEAXFNFENDFFE
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