Simonds Farsons Cisk plc – Approval of financial statements and declaration of a final dividend

 Simonds Farsons Cisk plc registered an annual profit before tax of EUR 11,387million in 2017, compared to EUR 10,112m registered in 2016. The groups revenue for the period under review amounted to EUR88,119million , a rise of 2.4 % from 2016. EPS increased from EUR 0.374 to EUR 0.404.

The Board of Directors of Simonds Farsons Cisk plc has resolved to recommend for the approval of the Annual General Meeting the distribution, out of tax exempt profits, of a final net dividend of €2.4million that is € 0.08 per ordinary share of €0.30, to be paid on 28th June 2017.

An interim net dividend of €1,000,000 that is €0.0333 per ordinary share was approved at the Board Meeting held on 28th September 2016 and distributed to shareholders on 19th October 2016. Therefore, the total net dividend to the ordinary shareholders relating to the financial year ended 31st January 2017 amounts to €3,400,000 that is € 0.1133 per ordinary share.

The Board of Directors has established 28th May 2017 as the Effective Date on which all shareholders, then on the register of members, shall be entitled to receive notice of and attend the Annual General Meeting, be paid dividends declared by the General Meeting and appoint directors or vote at the election of Directors.

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