We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Croma Security Solutions Group Plc | LSE:CSSG | London | Ordinary Share | GB00B5MJV178 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 68.50 | 65.00 | 72.00 | 68.50 | 68.50 | 68.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Srch,det,nav,guid,aero Sys | 42.83M | 3.7M | 0.2695 | 2.54 | 9.4M |
TIDMCSSG
RNS Number : 0651W
Croma Security Solutions Group PLC
13 August 2020
13 August 2020
CROMA SECURITY SOLUTIONS GROUP PLC
("CSSG" or the "Group")
Reinstatement of Dividend and Contract Win
Croma Security Solutions Group Plc, the total security services provider, is pleased to announce the reinstatement of the Company's interim dividend. On 19 March 2020, as a precaution against the potential impact of Covid-19, the Company cancelled the interim dividend announced alongside the Interim Results. Having now completed the financial year to 30 June 2020, it is clear the impact of Covid-19 on Group has been light.
As a consequence, the Company intends to pay an interim dividend of 0.75p per share on 4 September 2020 to shareholders with an ex-dividend date of 20 August 2020 and an associated record date of 21 August 2020.
The Company is also pleased to confirm that post-year end, Croma Vigilant has won a guarding contract from Savills to manage the security for the Edinburgh St James centre. A GBP1 billion redevelopment, the centre is a major scheme in the heart of Edinburgh and is due to open in Spring 2021. The guarding contract is for 3 years, worth GBP1.3 million annually and commences from 2 April 2021.
The centre includes retail, commercial and residential buildings and under the new contract, Croma Vigilant will provide a range of its premium guarding services including PROception. Led by ex-policewoman Ruth McGowan, PROception was launched in 2019 and brings the amalgamation of 3 key disciplines: reception, concierge and security, to create the modern front of house professional.
Chairman, Sebastian Morley, said, "At the outbreak of the Covid-19 pandemic in March we took the decision to cancel the dividend until we gained greater visibility on the impact it might have. Pleasingly, the impact has been slight, due in part to the organisation and flexibility of our teams which maintained all services at full strength. Having now completed the financial year, we expect we will deliver a good financial performance and with no borrowings and record levels of cash we are comfortable in re-instating the interim dividend.
The Edinburgh St James centre security contract was a highly competitive tender and as a team we are delighted to have been chosen and believe our premium security services coupled with the range of additional capabilities we are able to provide were instrumental in securing this prestigious contract."
Certain information contained in this announcement would have constituted inside information (as defined by Article 7 of Regulation (EU) No 596/2014) ("MAR") prior to its release as part of this announcement and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
For further information contact:
Croma Security Solutions Group plc Tel: +44 (0)7768 006 909 Sebastian Morley, Chairman WH Ireland Limited (NOMAD and Broker) Tel: +44 (0)207 220 1666 Mike Coe / Chris Savidge Novella Communications Tel: +44 (0)203 151 7008 Tim Robertson / Fergus Young
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
DIVKXLBFBVLZBBZ
(END) Dow Jones Newswires
August 13, 2020 06:00 ET (10:00 GMT)
1 Year Croma Security Solutions Chart |
1 Month Croma Security Solutions Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions