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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Catalyst Media Group Plc | LSE:CMX | London | Ordinary Share | GB00B282R334 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 70.00 | 65.00 | 75.00 | 70.00 | 70.00 | 70.00 | 0.00 | 07:30:38 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Computers & Software-whsl | 25k | 2.61M | 0.1243 | 5.63 | 14.72M |
TIDMCMX
RNS Number : 9094R
Catalyst Media Group PLC
31 October 2023
31 October 2023
Catalyst Media Group Plc
("CMG", "Catalyst" or the "Company")
Dividend Declaration
The Board of CMG (AIM: CMX) is pleased to announce that Sports Information Services (Holdings) Limited ("SIS"), in which CMG has an approximate 20.54% interest, has recently declared a total dividend of GBP30 million comprised of an ordinary dividend amount of approximately GBP4.62 million and a special dividend amount of GBP25.38 million.
Following receipt today of its share of the abovementioned total SIS dividend distribution, which amounted to approximately GBP6.16 million, CMG currently has approximately GBP6.28 million in cash reserves the majority of which is intended to be distributed by the Board of CMG to the Company's shareholders. Accordingly, the Board of CMG has resolved that the Company will pay an interim dividend of approximately GBP5.68 million, equating to 27 pence per CMG ordinary share.
This interim dividend will be payable on 21 November 2023 to CMG shareholders on the Company's register as at 10 November 2023. The ex-dividend date will therefore be 9 November 2023.
Following payment of the interim dividend to its shareholders, CMG is currently expected to hold cash reserves of approximately GBP0.6 million for its general working capital purposes.
Enquiries :
Catalyst Media Group plc Michael Rosenberg, Non-executive Chairman Mob: 07785 727 Melvin Lawson, Non-executive Director 595 Tel: 020 7734 8111 Strand Hanson Limited Tel: 020 7409 James Harris 3494 Matthew Chandler
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.
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END
DIVUAVSRONUROAA
(END) Dow Jones Newswires
October 31, 2023 11:00 ET (15:00 GMT)
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