Press releases

MDM project pipeline shift

Final Dividend for the year ended 31 March 2011 Currency Conversion

20 July 2011

In the announcement by MDM Engineering Group Limited (AIM:MDM) of its results for the year ended 31 March 2011 published on 21 June 2011, the Company declared a  final dividend of US$ 3.00 cents per share.

For those shareholders of the Company who have elected to receive their dividend in Pounds sterling, as opposed to US dollars, an exchange rate of US$1.6070 to GB£1 will be used for the conversion.  This is the exchange rate as of Friday, 01 July 2011 and will result in a dividend payment of 1.87 pence per share.

The record date for the dividend was 01 July 2011 and payment is expected on 28 July 2011.

Enquiries:

MDM Engineering Group Limited

Martin Smith (CEO)
George Bennett (Executive Director)
Dominique de la Roche (Finance Director)
Tel: +27 (0) 11 993 4300

Collins Stewart Europe Limited

Adrian Hadden
John Prior
Tel: +44 (0)20 7523 8350

Tavistock Communications

Paul Youens
Emily Fenton
Tel: +44 (0)20 7920 3150

 

 

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