20 June 2014
Dividend payment updateCamkids Group plc (AIM: CAMK), a leading Chinese designer, manufacturer and distributor of branded outdoor clothing, footwear and equipment for children, announces that the issue price for its proposed script dividend will be 63.4p. Further details on the script dividend are set out in the Company's announcement of 14 May 2014.
The dividend timetable is set out below:
11 June 2014 | Ordinary Shares quoted ex dividend |
13 June 2014 | Record date for dividend |
27 June 2014 | Final date for receipt of Scrip Dividend Mandate/CREST Dividend Election Input Message |
10 July 2014 | Posting of cheques and tax vouchers (as appropriate) (with anticipated receipt date of 11 July 2014) |
11 July 2014 | Dividend payment date / allotment of new Ordinary Shares / first day of dealing in the new Ordinary Shares |
11 July 2014 | Posting share certificates |
For further information:
Camkids Group plc | |
Zhang Congming, Executive Chairman | Tel: +44 (0) 20 7398 7709 |
Ng Pei Eng, Chief Finance Officer | www.camkids-ir.com |
Allenby Capital Limited | |
Alex Price / James Reeve / Nick Athanas | Tel: +44 (0) 20 3328 5656 |
a.price@allenbycapital.com | www.allenbycapital.com |
Media enquiries:
Abchurch Communications Limited | |
Henry Harrison-Topham / Joanne Shears | Tel: +44 (0) 20 7398 7709 |
henry.ht@abchurch-group.com | www.abchurch-group.com |
Notes to Editors
Camkids is a leading Chinese designer, manufacturer and distributor of branded outdoor clothing, footwear and equipment for children and teenagers.
Based in Fujian province in China, the Group focuses on teenage sportswear for outdoor activities, combining functionality and innovation. The products are mid-range price based, targeting mid and high range markets within China.
The three main product areas are:
- Camkids outdoor clothing - all weather jackets, waterproof trousers, shirts, tops and T-shirts, woollen sweaters, jeans, trousers shorts and skirts;
- Camkids footwear - hiking boots, outdoor leisure footwear, flip-flops, sandals and boots
- Camkids equipment and accessories - telescopes, backpacks, technical packs, tents, sleeping bags, headgear, caps, kettles, headlights and torches.
The Group designs its entire product range and manufactures the majority of its footwear. Outdoor apparel and accessories are currently manufactured by third party OEMs.
Camkids' primary route to market for the sale of its products is through its network of distributors. The Group has established an extensive distribution network across 29 provinces, 4 municipalities and 5 autonomous regions within the PRC and is successfully expanding its presence in tier 3 and tier 4 cities. The Group has 17 authorised distributors operating over 1,285 franchised retail outlets, and is in the early stages of developing an online e-commerce platform to target online retail.
Camkids has received a number of prestigious awards. In January 2014, the Group was recognised by Asia Brand Association as the Top Brand in China for 2013 and one of the top ten Industry Customer Satisfaction Brand's. The Group's Chairman also received one of Brand China's 'People of the Year' awards.
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