LONDON - Aquila European Renewables PLC (AER) has announced the corrected exchange rate for its third interim dividend for the quarter ending September 30, 2024. The dividend, set at 1.4475 cents per ordinary share, will now have a sterling equivalent of 1.2036 pence per share, following a revision from an earlier misstated currency conversion.
The revised exchange rate for converting the dividend from euros to sterling is 1.2026. This adjustment comes as a replacement for the company's previous announcement on November 25, 2024, which incorrectly stated the sterling equivalent in cents instead of pence.
Shareholders on the register as of November 15, 2024, will receive the dividend on December 9, 2024. The company's ordinary shares were marked ex-dividend on November 14, 2024.
The correction of the dividend details underscores the importance of accurate financial reporting and comes as part of AER's commitment to transparent shareholder communications. The company has not provided additional commentary on the market implications of this dividend adjustment.
This factual update is based on a press release statement provided by the company and disseminated through RNS, the news service of the London Stock Exchange (LON:LSEG).
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