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RCC Range Cooker

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0.00 (0.00%)
Share Name Share Symbol Market Stock Type
Range Cooker RCC London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% -
Open Price Low Price High Price Close Price Previous Close
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Range Cooker RCC Dividends History

No dividends issued between 28 Apr 2014 and 28 Apr 2024

Top Dividend Posts

Top Posts
Posted at 04/11/2002 10:18 by james8
My A/C is with comdirect and i haven't received the spec. divi.
I wonder whether the money has actually for cleared for those that have received the spec divi.
IMO, generally speaking what is in Armstrong's interests is also in ours and if he thinks divi (probably for tax reasons) is best retained then it's OK by me.
Posted at 03/11/2002 21:18 by jsredwood
Remain confused the Special Divi was credited on the 30th to my account. What happens now?? Can they try and reclaim the dividend??
Posted at 30/10/2002 09:53 by ged stewart
Re the non-payment of the dividend. To the extent that this becomes part of the take-out price (i.e 1p more than otherwise would have been paid), I am more than happy about it. If paid as a dividend, I incurr 40% tax on it. If paid as a take out price, I incurr no tax at all since the profits are well offset by capital losses. From the number of buys today, it also appears that a number are encouraged to get in in the hope of such gains whereas they were staying out becuase they thought they had missed the divi!
Posted at 30/10/2002 07:13 by madskt
Been watching events at RCC closely, not a holder, but wouldn't be happy at this:

Range Cooker Company PLC
30 October 2002

FOR RELEASE 7.00 AM 30 October 2002

THE RANGE COOKER COMPANY PLC

('the Company')


Deferral of payment of special interim dividend

Further to previous announcements, the Independent Directors confirm that they
remain in discussions with Mr. Robin Russell and certain directors of the
Company, backed by funds managed by Graphite Capital Management Limited
(together, the 'Potential Offeror').

The Potential Offeror has indicated to the Independent Directors that any offer
would be conditional upon cancellation of the special interim dividend that was
announced on 9 October 2002 and that would otherwise be paid to shareholders
today.

In order to facilitate discussions, the board decided yesterday to defer payment
of the special interim dividend until discussions with the Potential Offeror are
concluded. Should an offer be made which is capable of being recommended by the
Independent Directors, it would be the board's intention to cancel the special
interim dividend. A further announcement will be made as soon as is
practicable.
Posted at 18/10/2002 19:08 by uffy
I believe that the dividend gets paid to those on the register at the start of trading today, and so, in theory the 1p fall in the share price should have already occured. I am hopeing, as a holder, that the slight pull back which we saw this week, was the MM's trimming the price in anticipation of the dividend.
Posted at 18/10/2002 11:29 by pdyke14856
"In view of current trading conditions and what was stated in the Company's
annual report for the year ended 30 April 2002 the Board has decided to declare
a special interim dividend of 1p per share payable to shareholders on the
register as at 18 October 2002. This dividend is expected to be paid to
shareholders by 30 October 2002."

Are you sure that today is not the last day to purchase for the dividend???
Posted at 10/10/2002 10:28 by james8
09/10/2002

Range Cooker calls off takeover talks

Independent directors of Aim-listed Range Cooker, maker of old-style ovens under the Britannia brand, have pulled out of drawn-out takeover talks with entrepreneur Robin Russell and his backer, Graphite Capital. Christopher Spink reports.


The talks began in February when the group said a party, which turned out to be Russell, in association with an un-named director, would be likely to make an offer 'at or around 20p a share'.

Chairman John Armstrong, who owns 68 per cent of the shares and his partner Nigel Wray, who has a 5 per cent stake, agreed not to talk to any rival party and to accept the offer, if it was made, at or around 20p or more. This agreement lapsed in mid-August with the offer not lodged.

Another unnamed party entered the frame. Armstrong has said he will pay Russell's group £350,000 if he accepts this offer as compensation for management time incurred.

Now the directors, including Armstrong, have cancelled talks with Russell 'on valuation grounds'. This maybe because in the year to April the group reported a 22 per cent to £4.4m on sales up 14% to £15.4m.

The company made 1.94p of earnings per share, which exceeded broker Brewin Dolphin's forecasts. This puts it on a PE ratio of just 8.8 at today's 17p share price.

No dividend was paid at the time but today the company has declared a 1p special dividend payable at the end of the month. Trading in the first five months of the year 'is in line with expectations'.

No directors nor Brewin Dolphin were available for comment.
Posted at 09/10/2002 15:21 by pdyke14856
It's their best divvy payment and in a market of falling stocks RCC are not(tempt fate).

Good 5.7% dividend now and remember this may only be a half year payment.
Therefore 8% yield with a pe of just over 8. Little but further for this to go IMO.
Posted at 09/10/2002 15:05 by pdyke14856
Immediate Dividend - Thank you boys

Offer Update09/10/2002 15:00:03

Range Cooker Company PLC
9 October 2002


THE RANGE COOKER COMPANY PLC ("the Company")

WITHDRAWAL FROM TALKS

The Independent Directors announce that, on valuation grounds, they have
withdrawn from discussions about a sale of the Company to Mr Robin Russell and
certain directors of the Company (backed by funds managed by Graphite Capital
Management Limited).

Trading in the first five months of this financial year has been in line with
expectations and the Board look forward to the remainder of the year with
confidence.

In view of current trading conditions and what was stated in the Company's
annual report for the year ended 30 April 2002 the Board has decided to declare
a special interim dividend of 1p per share payable to shareholders on the
register as at 18 October 2002. This dividend is expected to be paid to
shareholders by 30 October 2002.




This information is provided by RNS
The company news service from the London Stock Exchange

END
OUPBKCKQQBDDAKK
Posted at 28/9/2002 11:02 by shortermer1
Still that 50k buy yesterday at premium gives us a bit of confidence at least. maybe news is about to be announced re takeover developments.

Whether it be a special dividend or a takeover, RCC looks like a good, safe bet in these torrid markets.

ST.

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