General notice to shareholders
INVESTOR WARNING
Portmeirion Group PLC has been made aware that certain shareholders have been approached by an organisation offering to buy shares in the Company at a much higher price than their current market value. Investors may have been asked by this organisation to pay in advance for a bond in order to secure the sale of their shares. The Company believes this may be an advanced fee fraud. We would advise all shareholders to exercise extreme caution in providing any details or funds to individuals or organisations they have not thoroughly satisfied themselves as being bona fide.
It is suggested that if you are approached, you, in the first place, either contact the Company or its nominated adviser, Shore Capital, Cassini House, 57 St James's Street, London SW1A 1LD (tel: 020 7408 4090). The FCA has issued general advice on share fraud which can be accessed by clicking on this link.
Dividend information
At the half year, an interim dividend of 1.50 pence per ordinary share was paid to shareholders at a total cost of £207,000. The Board does not recommend payment of a final dividend.
The Board has prioritised growth which requires investment in the business, and to enable this we must strengthen our balance sheet. To achieve this requires investment, commitment, consistency, excellent execution and time. Our objective is to drive towards a ‘Fortress Balance Sheet’ with a net cash position and pay dividends from a position of strength and from the earnings of a well invested business.