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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Highland Gold Mining Ld | LSE:HGM | London | Ordinary Share | GB0032360173 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 299.60 | 299.80 | 300.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMHGM
RNS Number : 1264Z
Highland Gold Mining Limited
13 December 2017
HIGHLAND GOLD MINING LIMITED
13 December 2017
Board of Directors Adopts Dividend Policy
Highland Gold Mining Limited ("Highland Gold" or the "Company", AIM: HGM) today announces that the Company's Board of Directors has adopted a Dividend Policy as follows:
-- Highland Gold Mining aims to pay a dividend that takes into account the Company's cash generation, profitability, balance sheet strength, and capital investment requirements.
-- The Company anticipates total dividend payout for each financial year will be 20% of Net Cash Flow from Operating Activities.
-- The Board may recommend the distribution of additional cash on the balance sheet through increased or special dividends should those funds not be required for capital expenditure or debt repayment.
***
FOR FURTHER INFORMATION PLEASE CONTACT:
Highland Gold Mining Ltd. John Mann, Head of Communications + 7 495 424 95 21 Duncan Baxter, Non-Executive Director + 44 (0) 1534 814 202 Numis Securities Limited John Prior, James Black, Paul Gillam (Nominated Adviser and Joint Broker) +44 (0) 207 260 1000 BMO Capital Markets Jeffrey Couch, Neil Haycock, Pascal Lussier Duquette (Joint Broker) +44 (0) 207 236 1010 Peat & Co Charlie Peat (Joint Broker) +44 (0) 207 104 2334
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
December 13, 2017 02:00 ET (07:00 GMT)
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