IN BRIEF: Zegona declares first dividend from Euskaltel sale proceeds

Zegona Communications PLC - London-based investor in European telecom, media and technology ...

Alliance News 22 June, 2021 | 5:42AM
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Zegona Communications PLC - London-based investor in European telecom, media and technology companies - On Monday declares interim dividend of 2.6 pence per share, worth a total of GBP5.7 million, covering the dividend Zegona received from its investment in Euskaltel SA before it was sold to MasMovil Ibercom SAU. The remaining GBP335 million of the sale proceeds will be returned to shareholders once the funds have been received.

Current stock price: 147.50 pence

Year-to-date change: up 40%

By Ivan Edwards; ivanedwards@alliancenews.com

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Zegona Communications PLC 248.00 GBX 3.33 -

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