Plexus: a first dividend
Plexus Holdings, the AIM quoted oil and gas engineering services business, issued a highky encouraging AGM statement and news of an inaugural dividend
High Pressure/High Temperature (‘HP/HT’POS-GRIP® wellhead rental activities, drove turnover up 14% to £15.1m and pre-tax profits of £1.8m. As a result, they decided to initiate the payment of an inaugural dividend at the half year and hope to adopt a progressive dividend policy going forward. As such a final dividend of 0.38p per share was proposed at the Annual General Meeting.
Various new and extended contracts were signed during the period, with major international oil…
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