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Dividend Policy & History

The Board intends to adopt a dividend policy appropriate to the Company’s financial performance. This will take into account its ability to operate and grow, the need to retain a prudent level of cash resources and the Board will have regard to the availability of distributable reserves.

The Company paid a maiden dividend of 1 penny per share for the year ended 31 March 2012, a dividend of 2 pence per share for the year ended 31 March 2013, a dividend of 3 pence per share for the year ended 31 March 2014 and a dividend of 4 pence per share for the year ended 31 March 2015.

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