Intention of Board to adopt a dividend policy
The Directors intend that the Company will pay interim and final dividends going forwards, with any interim dividend to be announced at the time of the release of the Company’s interim results and the final dividend at the time of the release of the Company’s annual results.
The Board of Directors recommended a final dividend for year ended 31 March 2022 of 1.25p per share which was approved at the AGM on 22 August 2022.
The Board may revise or adapt the Group’s dividend policy from time to time in line with the actual results of the Group and the cash requirements of the Group’s activities. The ability of the Company to pay dividends is dependent on a number of factors including, inter alia, the results of the Group’s operations, its financial condition, anticipated cash requirements, regulatory capital requirements, future prospects and its profits available for distribution, and there can be no assurance that the Company will pay dividends or, if a dividend is paid, of the amount that dividend will be.