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Tuesday 01 September, 2009

SagicorFinancialCorp

Record Date

RNS Number : 2485Y
Sagicor Financial Corporation
01 September 2009
 



1 September 2009


Sagicor Financial Corporation


Notice of record date for payment of interim dividend and currency conversions for TT$ and GBP



NOTICE is hereby given in accordance with the Companies Act Chapter 308 of the Laws of Barbados that the Directors of Sagicor Financial Corporation ('the Company') have by resolution declared an interim dividend of 2 cents per share United States currency (US$) on the outstanding common shares in the capital of the Company for the half-year ended June 30, 2009 to be paid on October 15, 2009 to the Shareholders and Depositary Interest Holders of record at the close of business on September 15, 2009.


NOTICE is further given that the Directors of the Company have by resolution fixed a Currency Conversion Record Date of September 15, 2009 for the purpose of determining the conversion rate for the payment of the interim dividend in:

 

(a)
Trinidad and Tobago currency (TT$) to Shareholders resident in Trinidad and Tobago, such currency conversion to be calculated as the average of the exchange selling rate of the US$ into TT$ as published by the Central Bank of Trinidad and Tobago at the close of business on the five business days immediately preceding September 15, 2009, and
 
 
(b)
Pounds Sterling ('GBP') to Holders registered on the Depositary Interest Register maintained by the Company in the United Kingdom, such currency conversion to be calculated as the average of the spot exchange rate of the US$ into GBP as published by the Bank of England at the close of business on the five business days immediately preceding September 15, 2009.


Shares will trade 'ex div' from September 11, 2009. Only those Shareholders and Depositary Interest Holders of record on September 15, 2009 will be entitled to receive the Interim Dividend.



By Order of the Board of Directors


Sandra Osborne, QC

Corporate Secretary



Enquiries:


Sagicor

+1 (246) 467 7500


Dodridge Miller, President and CEO 



Melba Smith, Vice President Corporate Communications





Numis

+44 (0) 20 7260 1000


Charles Farquhar





College Hill

+44 (0) 20 7457 2020


Richard Pearson



Tony Friend





This information is provided by RNS
The company news service from the London Stock Exchange
 
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