Rights & Issue Investments Trsut Plc – Half Year Report

DJ Accrol Group Holdings PLC Full year results for the year ended 30 April 2016

DJ Rights & Issues. Half-year Report

 
INTERIM DIVIDEND
 
An interim dividend of 10.0p per share has been approved by the Board and is
payable on 30th September 2016 to shareholders on the register as at 2nd
September 2016 (ex-dividend 1st September 2016).
 
The following text is copied from the Half Yearly Financial Report.
 
CHAIRMAN'S STATEMENT
 
The decision of the United Kingdom to leave the European Union on 23rd June
2016 will have fundamental economic consequences which as yet are difficult to
predict. In the short term, there has been a period of extreme market
volatility.
 
This is not apparent in the performance of the FTSE All-Share Index which shows
a rise of 2.1% for the first six months. However, since the vote to leave there
has been a significant divergence in performance with the leading company
prices rising while the rest of the UK market has fallen.
 
The net asset value has risen by 2.4% to 1582.3p at the end of the period.
 
The capital restructuring was successfully completed in June and the interim
dividend is 10p per share in accordance with the previous indication.
 
The economy is now faced with a period of uncertainty and market volatility is
likely to continue.
 
Dr D. M. BRAMWELL
 
Chairman
 
21st July 2016
 
Risks and uncertainties
 
Cautionary statement
 
This Half Yearly Report contains forward-looking statements that involve risk
and uncertainty. These have been made by the Directors in good faith based on
the information available to them at the time of their approval of this Report.
Due to the inherent uncertainties, including stock market risk factor, actual
results may differ materially from those expressed or implied by these
forward-looking statements.
 
There are a number of potential risks and uncertainties which could have a
material impact on the Company's performance over the remaining six months of
the financial year and could cause actual results to differ materially from
expected and historical results. The Company's results continue to be exposed
to market price risk. Further information on the principal long-term risks and
uncertainties of the Company is included in the latest Annual Report

 

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