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HAMILTON, BERMUDA - Hiscox (LON:HSX) Ltd has issued a correction regarding the scrip dividend reference price for its upcoming final dividend payment. The corrected scrip reference share price is now set at 1,237 pence, which will be used to calculate the entitlement for shareholders who have opted for the scrip dividend alternative over cash.
The final dividend of 29.9 cents per share is scheduled to be paid out on June 9, 2025, with the deadline for election submissions having closed on May 19, 2025. This adjustment follows the initial announcement made by the company on February 27, 2025, about the option for shareholders to receive dividends in the form of additional shares.
The determination of the scrip reference price was based on the average closing middle market quotations from the London Stock Exchange (LON:LSEG) Daily Official List over a five-day period starting May 20, 2025, and ending on May 27, 2025.
Furthermore, the dividend’s Pound Sterling equivalent has been established at 22.23 pence per share. This conversion is grounded in the average USD/GBP exchange rate reported in the London Stock Exchange Daily Official List during the same five-day span used to calculate the scrip reference price.
This announcement serves as a clarification to an earlier release (RNS 4641K) made on the same day, which contained an error regarding the payment date. All other details related to the dividend issuance remain consistent with the company’s previous communications.
This corrected information is disseminated by RNS, a news service of the London Stock Exchange, and is based on a press release statement from Hiscox Ltd. The Financial Conduct Authority has authorized RNS to act as a Primary Information Provider in the United Kingdom (TADAWUL:4280). Terms and conditions may apply to the use and distribution of this information.
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