Coronavirus Update

Wadworth Plc - Dividend Announcement

Wadworth Plc

Dividend Announcement

In these unprecedented times, it is with regret that we must inform you of the Board's decision to defer the payment of the interim dividend on the 9 1/2 and 10 1/4 Cumulative Preference Shares this year for a maximum of six months. 

As you will be aware, one of seceral considerations of whether to declare or recommend a dividend, is the available cash resources of the Company and its cash flow requirements. The impact of Covid-19 has put extreme pressure on the Company's cash flow following the enforced closure of all pubs.