Dividend and Interest Payments
Final – May
Interim – November
5% cumulative preference shares:
February & August
|Dividend per ordinary share
|Interim (new capital base)1
| Interim (historical capital base)2
|Final (new capital base)1
|Final (historical capital base)2
|Total (new capital base)1
|Total (historical capital base)2
In October 2015 BBA Aviation completed a 6 for 5 Rights Issue of 562,281,811 New Ordinary Shares at 133 pence.
1 New capital base measures have been adjusted in all periods for the impact of the 2015 rights issue so they are comparable.
2 Historical capital base measures have been adjusted in all periods to remove the impact of the 2015 rights issue so they are comparable.
Figures in bold are those that were reported.
BBA Aviation reports its financial information in US dollars and all dividends payable by the Company are declared in US dollars. However eligible shareholders will receive their dividends in sterling unless they complete an election form and submit it to the Company’s registrars stating their wish to receive their dividends in US dollars.
CREST members and, where applicable, their CREST sponsors, who wish to split the dividend they receive into US dollars and sterling will need to split their holding into two CREST accounts before the Company’s record date relating to that dividend payment. They will then have the ability to choose whether to elect to receive US dollars or sterling by making an election to the Company’s registrars by 5.30pm on the currency election date.
Shareholders who hold their shares in certificated form may elect to receive their dividend in US dollars by making an election to the Company’s registrars before 5.30pm on the currency election date.
The sterling amount of the dividend payable by BBA Aviation will be based on a US dollar/sterling exchange rate prevailing on a date after the currency election date. The applicable dates and rate will be announced by the Company.
Further information concerning the dividend currency election is available from the Company’s registrars.