RNS Number : 2980I
Alternative Networks plc
09 March 2010
9 March 2010
Alternative Networks plc ("Alternative Networks" or the "Group")
Dividend
The Board of Alternative Networks has today declared a dividend of 5 pence per share. This is made up of an interim dividend of 2 pence per share (2009: 1.6 pence), and a second interim dividend, or special dividend, of 3 pence per share. The dividend will be paid on 1 April 2010 to shareholders on the register at 19 March 2010 and the ex dividend date is 17 March 2010.
The interim dividend payment has been brought forward from its usual timetable in July. The final dividend will be proposed as usual with the preliminary full year's results in December 2010. The Board does not intend there to be any change in market expectations in respect of the final dividend.
The Group announced on 25 January 2010 that the Company had made an encouraging start to the year. A more detailed announcement in respect of a trading update will follow within 30 days, and the Board remains confident in the prospects for the Group.
The Board continues to pursue a number of acquisition prospects, and the Board is confident that the Group retains sufficient resources to fund these opportunities.
Enquiries:
Alternative Networks plc
James Murray, Chief Executive Officer 0870 190 7444
Edward Spurrier, Chief Financial Officer
Investec 0207 597 5970
Martin Smith/Patrick Robb
Pelham Public Relations 0207 337 1509
Archie Berens/Francesca Tuckett
This information is provided by RNS
The company news service from the London Stock Exchange
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