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 and Corporate Limited, 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
For the year ended 31 December 2023, a final dividend of 2.00p per share (2022:12.00p) was paid to shareholders on 31 May 2024, giving a total dividend for the year of 5.50p per share (2022: 15.50p). Given the ongoing macro-economic uncertainty and the continued prioritisation of further reduction to net debt, the dividend cover was 3.88 times. In the medium term we continue to consider that a dividend at a cover of three times is appropriate in order to balance our ongoing investment behind our growth strategy with providing a positive return to shareholders.