Ferrexpo PLC Ferrexpo 2020 Special Interim Dividend Declaration (6805Y)
11 September 2020 - 8:00AM
UK Regulatory
TIDMFXPO
RNS Number : 6805Y
Ferrexpo PLC
11 September 2020
11 September 2020
FERREXPO PLC
("Ferrexpo", "the Company" or the "Group")
Ferrexpo 2020 Special Interim Dividend Declaration
The Board of Directors ("Board") of Ferrexpo is pleased to
announce a further special interim dividend of 6.6 US cents.
The dividend announced today follows the special interim
dividend of 6.6 US cents announced in June, as well as the interim
dividend of 6.6 US cents announced alongside the Company's Interim
Results last month, and brings the total distributions announced in
respect of this year to 19.8 US cents (FY 2019: 13.2 US cents).
Today's special interim dividend reflects the Group's strong
cash generation and is in line with the Board's strategy to
maintain a balance between sustainable and attractive shareholder
returns, investment in growth opportunities and balance sheet
strength. Since the first half of the year, Ferrexpo's operations
have continued to perform well and demand remains strong for the
Company's iron ore pellets.
The special interim dividend will be paid on 8 October 2020 to
shareholders on the register at the close of business on 25
September 2020. It will be paid in UK Pounds Sterling, with an
election to receive in US Dollars.
For further information, please contact:
Ferrexpo:
Rob Simmons +44 207 389 8305
Maitland:
James Isola +44 207 379 5151
Notes to Editors:
Ferrexpo is a Swiss headquartered iron ore company with assets
in Ukraine. It has been mining, processing and selling high quality
iron ore pellets to the global steel industry for over 40 years. In
2019, the Group produced 10.5 million tonnes of pellets ranking it
as the 3rd largest exporter of pellets to the global steel industry
with a market share of approximately 8%. Ferrexpo has a diversified
customer base supplying steel mills in Austria, Germany, Japan,
South Korea, Taiwan, China, Slovakia, the Czech Republic, Turkey,
Vietnam and America. Ferrexpo has a premium listing on the main
market of the London Stock Exchange. For further information,
please visit www.ferrexpo.com
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