Ferrexpo PLC (FXPO.L)
Latest Key Developments (Source: Significant Developments)
Bookrunner: Ferrexpo : Bookrunner- intention to sell approximately 70 mln ordinary shares of Ferrexpo Plc representing approximately 11.9 pct .Ferrexpo : Bookrunner- Following placing, seller expected to hold about 71 mln shares, about 12.0 pct of company's issued ordinary share capital. Full Article
Ferrexpo plc:Says that it has recommend an interim dividend of $3.3 cents per ordinary share amounting to $19 million (1H 2014: $3.3 cents) for payment on Sept. 18 2015 to shareholders on the register at the close of business on Aug. 14, 2015.Says the ex-dividend date will be Aug. 13, 2015.Says the dividend will be paid in UK Pounds Sterling, with an election to receive in US Dollars. Full Article
Ferrexpo plc:Says further to the announcement made on April 30, the conditions for disposal of Ferrexpo's interest in Ferrous Resources Limited have now been satisfied and the proceeds of $41.8 million from the disposal have been received by the Company. Full Article
Ferrexpo PLC:Agreed to unconditionally tender for disposal its entire 15.51 pct stake in Ferrous Resources Ltd to IEP Ferrous Brazil for a total cash consideration of $41.8 million. Full Article
LONDON, March 22 Iron ore pellet producer Ferrexpo plans to double its dividend in 2017 and raise spending on its mines on expectation for improved prices for its products, the company's financial officer said on Wednesday.