Anglo Asian Mining announce an interim dividend for 2021 of US 4.5 cents per ordinary share

DividendMax Ltd.

Anglo Asian Mining announce an interim dividend for 2021 of US 4.5 cents per ordinary share

Anglo Asian Mining announce an interim dividend, in respect of the year ending 31 December 2021, of US 4.5 cents per ordinary share will be paid gross on 4 November 2021 to shareholders that are on the shareholders record at the record date of 8 October 2021. The shares will go ex-dividend on 7 October 2021. All dividends will be paid in cash and a scrip dividend or other dividend reinvestment plan will not be offered by the Company.

The dividend will be payable in pounds sterling. The dividend will be converted to pounds sterling using the average of the sterling closing mid-price using the exchange rate published by the Bank of England at 16:00 BST each day from the 11 to 15 October 2021.

Other financial highlights include:

Total revenues in H1 2021 of $43.5 million (H1 2020: $45.8 million)

Profit before taxation in H1 2021 of $5.9 million (H1 2020: $11.8 million)

Free cash flow in H1 2021 was a net outflow of $0.4 million (H1 2020: inflow of $13.4 million); forecast free cash flow for FY 2021 is between $10 million to $15 million

Cash at 30 June 2021 of $36.6 million (31 December 2020: $38.8 million) and the Company remains debt free

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