Aquatic Foods Group PLC Notification of Dividend Payment (0426I)

TIDMAFG

RNS Number : 0426I

Aquatic Foods Group PLC

24 August 2016

 
 Press Release   24 August 2016 
 

Aquatic Foods Group Plc

("Aquatic Foods" or the "Group" or the "Company")

Notification of Dividend Payment

Aquatic Foods Group Plc (AIM: AFG) is pleased to announce that further to the announcement of 16 August 2016, the final dividend of 0.7p per share which was due to be paid on or around 12 August 2016, has now been paid.

The Company sincerely apologises for any inconvenience which the delay may have caused to shareholders.

For further information:

 
 Aquatic Foods Group Plc   Tel: [phone] 
 Po Ling Low                          [e-mail] 
 
 
 SP Angel Corporate Finance 
  LLP 
  Nominated Adviser and Broker 
 Stuart Gledhill / David         Tel: [phone] 
  Facey                                  www.spangel.co.uk 
 

Media enquiries:

 
 Abchurch Communications        Tel: [phone] 
  Limited 
 Julian Bosdet / Nessyah           www.abchurch-group.com 
  Hart / George Robinson 
                           [e-mail] 
 

Notes to Editors:

Aquatic Foods Group is a leading marine foods and seafood processor and supplier based in China. The Group initially built its business through focusing on the export market (principally to Japan under the "Kanwa Foods" brand), and subsequently established the "Zhenhaitang" brand in 2007 in mainland China to take advantage of the burgeoning domestic market, driven by growing disposable income within the Chinese middle-classes and a more health conscious consumer base.

The Group benefits from excellent food safety procedures developed over many years which have helped the Group to build a strong track record of supplying its products into overseas markets. This track record has enhanced the perception of the quality and reliability of the Group's products in China and has allowed the Group to expand significantly into local markets as demand for seafood products has increased. In a market that has seen regular public health scares relating to food safety, the Group considers its adherence to these standards to be a key strength. The Group has achieved compliance to the following key standards:

   -      ISO 9001 Quality Management System certification 
   -      HACCP Food Safety System certification 
   -      BRC certification; and 
   -      Marine Stewardship Council certification. 

Aquatic Foods works with a network of distributors to effectively market its products in China. The Group has continued to grow its distributor relationships and now distributes its products in 16 provinces, municipalities and autonomous regions in China through 50 regional distributors. These distributors in turn sell the Group's products to sub-distributors and retailers, including supermarket chains and hypermarkets.

Further information can be viewed at www.aquatic-foods.com.

   -      Ends - 

This information is provided by RNS

The company news service from the London Stock Exchange

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August 24, 2016 07:10 ET (11:10 GMT)