Notice of 2022 Final Dividend

In February 2023, Magontec declared an unfranked dividend of 0.6 cents per ordinary share with respect to the half year ended 31 December 2022.

Along with the interim dividend declared of the same amount, this brings the full year dividend to 1.2 cents per ordinary share (unfranked) for the year to 31 December 2022.

Dividend Reinvestment Plan

Magontec Limited has established a Dividend Reinvestment Plan whereby shareholders may elect to use their cash dividend for the purchase of MGL shares. The Plan Rules can be accessed below.

Elections once made do not need to be refreshed each period unless a change or update to that election is required.

Click here to access the DRP Election Form

The timetable for the 2022 Interim Dividend is set out below:

Ex-Dividend Date – Thursday 30 March 2023
Record Date – Friday 31 March 2023
DRP Election Date – Monday 3 April 2023
DRP Pricing Period – Tuesday 4 April 2023 – Wednesday 19 April 2023
Dividend Payment Date/Issue of New Shares from DRP – Friday 28 April 2023


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