TIDMUCG

RNS Number : 0389O

United Carpets Group plc

22 May 2015

UNITED CARPETS GROUP plc

Declaration of Special Dividend

United Carpets Group plc ("the Group" or "the Company" or "United Carpets"), the second largest chain of specialist retail carpet and floor covering stores in the UK, announces that the Board, in recognition of the support shown by shareholders and the improved financial position of the Company, is pleased to be able to declare a special dividend of 1.0 pence per share. This dividend will be paid on 19 June 2015 to all shareholders on the register at the close of business on 5 June 2015. The ex-dividend date will be on 4 June 2015

In order for the Company to be in a position to pay the special dividend, it must have distributable reserves. Therefore, in order to satisfy this requirement, the Company has delivered to Companies House its Company unaudited interim results for the six month period ended 30 September 2014 which formed part of the consolidated Group interim results for the six month period ended 30 September 2014 which were previously announced on 19 December 2014.

Paul Eyre, Chief Executive, said:

"We are delighted to be able to declare a special dividend today, reflecting the improvements we have made in the business over the last few years which have enabled us to now reward our shareholders for their continued support and loyalty."

Enquiries:

 
  United Carpets Group plc 
   Paul Eyre, Chief Executive                  01709 732 
   Ian Bowness, Finance Director               666 
 Novella Communications Ltd 
  Tim Robertson 
  Ben Heath                                    020 3151 7008 
 Cantor Fitzgerald Europe 
  Mark Percy/Catherine Leftley (Corporate 
  Finance) 
  David Banks (Corporate Broking)              020 7894 7000

This information is provided by RNS

The company news service from the London Stock Exchange

END

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