Zegona Communications Dividends - ZEG | ADVFN

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Zegona Communications Plc (ZEG)
Zegona Communications Plc (ZEG) Dividends

Share Name	Share Symbol	Market	Stock Type
Zegona Communications Plc	ZEG	London	Ordinary Share

	Price Change	Price Change %	Share Price	Last Trade
	0.00	0.0%	49.00	08:00:00

Open Price	Low Price	High Price	Close Price	Previous Close
49.00	49.00	49.00	49.00	49.00

more quote information »

Industry Sector
MOBILE TELECOMMUNICATIONS

Zegona Communications ZEG Dividends History

Announcement Date	Type	Currency	Dividend Amount	Ex Date	Record Date	Payment Date
21/06/2021	Interim	GBP	0.026	01/07/2021	02/07/2021	23/07/2021
21/12/2020	Interim	GBP	0.022	11/02/2021	12/02/2021	09/03/2021
14/05/2020	Interim	GBP	0.026	02/07/2020	03/07/2020	31/07/2020
06/02/2020	Interim	GBP	0.02	13/02/2020	14/02/2020	06/03/2020
02/08/2019	Interim	GBP	0.025	15/08/2019	16/08/2019	06/09/2019
31/01/2019	Interim	GBP	0.025	07/02/2019	08/02/2019	01/03/2019
16/11/2018	Interim	GBP	0.028	06/12/2018	07/12/2018	28/12/2018

Top Dividend Posts

Top Posts
Posted at 29/10/2021 15:24 by skyship Red Ninja - most remiss of me - thnx for that. So ZEG actually did well twice. Redeemed via tender 99.8% @ 200p (Oct'17); then c15months later (Jan'19) went around for a 2nd time: "A total of 95,715,728 ordinary shares of GBP0.01 each in the equity capital of Zegona (the "Placing Shares") have been placed by Barclays Bank PLC, acting through its investment bank ("Barclays") and Oakley Advisory Limited ("Oakley") at a price of 105 pence per Placing Share (the "Placing Price"), raising gross proceeds of approximately GBP100.5 million. The Placing Shares being issued represent approximately 75.8 per cent. of Zegona's issued ordinary share capital prior to the Placing. The Placing Price of 105 pence each represents a discount of 12.5 per cent. to the middle market price at the time at which Zegona and Barclays and Oakley agreed the Placing Price." Read Full Thread Follow Reply
Posted at 29/10/2021 11:29 by red ninja Mmm, that is not strictly accurate. Zegonna started with Telecable and sold that to Euskatel. On selling Telecable it announced a £2 tender offer for shareholders which was 99.8% taken uo. It went on to raise new funds and took up a stake in Euskatel which it further increased. It has also examined other potential investments in the past. So Euskatel was it's second deal and it looks like it will do a third. I agree timing of when to buy in would see you maximise your profits here. https://www.investegate.co.uk/zegona-comm-plc--zeg-/rns/zegona-to-acquire-telecable-de-asturias-for-eu640m/201507270700141000U/ Read Full Thread Follow Reply
Posted at 29/10/2021 10:34 by skyship "What was their track record like before the Euskaltel takeover?" ZEG was a single purchase shell for Euskatel. It paid off rather well...eventually; and I think only for those who joined the game late. Read Full Thread Follow Reply
Posted at 29/10/2021 07:42 by skyship Galles - see the RNSs of 15/10 & 26/10. Management have just subscribed for 15.9% of where we are now at 143.8p (They now hold 17.9%) - the underlying NAV, which is all cash: https://uk.advfn.com/stock-market/london/zegona-communications-ZEG/share-news/Zegona-Communications-PLC-Management-Subscription/86364682 https://uk.advfn.com/stock-market/london/zegona-communications-ZEG/share-news/Zegona-Communications-PLC-ZEGONA-SUCCESSFULLY-COMP/86291608 Read Full Thread Follow Reply
Posted at 21/10/2021 16:25 by eezymunny Zeg can usually be bought at a big discount: A round pound or below might start to entice me... Read Full Thread Follow Reply
Posted at 19/10/2021 13:44 by cerrito I am with Barclays and have yet to receive my ZEG proceeds. They are not bad with dividends but tend to struggle with situations like this. Read Full Thread Follow Reply
Posted at 29/3/2021 10:26 by felix99 You have got to remember both MVI and ZEG mgt have their noses in the trough here before shareholders see any cash. Secondly you have no idea if the cash is to be returned or they use it for a new investment. Incentive Scheme Incentive scheme arrangements were put in place at Zegona's inception in 2015 to create incentives for Zegona's management team and for Marwyn as the original core shareholder of Zegona. Members of Zegona's management team have been issued Class A Ordinary Shares in the Company's subsidiary, Zegona Limited ("Management Shares") in connection with their employee arrangements and Marwyn was issued Class B Ordinary Shares ("Core Investor Shares"). Management Incentive arrangements The holders of the Management Shares are entitled to 15% of the growth in value of Zegona during a series of separate Calculation Periods, provided that ordinary shareholders achieve a 5% Preferred Return in each Calculation Period. The first Calculation Period began on 14 August 2015, with management having the right to redeem its Management Shares at any time between the third and fifth anniversaries of this date. Read Full Thread Follow Reply
Posted at 12/3/2021 16:20 by hugepants This is what ZEG said in October; https://www.investegate.co.uk/zegona-comm-plc--zeg-/rns/zegona-s-market-value-per-share/202010080700044409B/ "At the Euskaltel share price of €9.03 on 30 September, Zegona's holding in Euskaltel, together with its current net cash position, is worth the equivalent of £1.46 per Zegona share2. This value is over 31% higher than Zegona's current share price of £1.113." Has anyone worked out a current estimate? The euro has drifted 5% versus sterling since that date. However ZEG shares are just 93.7p to buy now versus 1.113. The Eusklatel share price is only down about 1.5%. I reckon the value of the Eusklatel shares has increased to about 44% above the current value of ZEG. Read Full Thread Follow Reply
Posted at 22/1/2021 16:00 by hugepants "At the Euskaltel share price of €9.03 on 30 September, Zegona's holding in Euskaltel, together with its current net cash position, is worth the equivalent of £1.46 per Zegona share2. This value is over 31% higher than Zegona's current share price of £1.113." The discount must be bigger now. The above compares with the current situation ie. Euskaltel share price currently E9.18 and the ZEG share price is 105p. Note Euro/Sterling exchange rate is down 3% from 30 sept ZEG said this in the interims; "Zegona is fully aware that should it conclude it is no longer appropriate to retain its investment in Euskaltel, any material discount at which Zegona trades to the underlying value of its assets can be closed in a number of ways. These include, but are not limited to, the distribution in-specie of Zegona's interest in Euskaltel to its shareholders. Both the timing and process for any actions would be driven by what creates most value for shareholders. Zegona believes that, if it decides to monetise its Euskaltel stake, its greater than 21% ownership and lead shareholder status have strategic value, creating the potential to deliver a premium above the value of the individual shares." Read Full Thread Follow Reply
Posted at 21/12/2020 16:37 by red ninja Nice Dividend :- "ZEGONA ANNOUNCES £4.8 million DIVIDEND PAYMENT - 4.5% Yield On 15 December 2020 Euskaltel shareholders approved a €0.14 per share dividend to be paid in February 2021. Zegona has committed to pass 100% of all Euskaltel dividends straight through to its shareholders so Zegona's Board of Directors has yesterday declared an interim dividend of 2.2 pence per share, equivalent to £4,817,342. In total, 4.8 pence per share, equivalent to £10,523,356, will have been paid to shareholders in the 12 months ending March 2021, equating to a dividend yield of 4.51% " Read Full Thread Follow Reply

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