PG plc have announced that the company’s Board of Directors resolved to distribute an unchanged net interim dividend of €0.0185185 per share, payable on 10th December to all shareholders as at close of trading on 1st December.

“At its meeting held earlier today, the Board of Directors of PG p.l.c. (the “Company”) resolved to distribute a net interim dividend of €2,000,000 equivalent to €0.0185185 net (€0.0284900 gross) per ordinary share,” PG plc said via a Malta Stock Exchange announcement.

“This dividend will be paid on Thursday 10 December 2020 to the ordinary shareholders who were on the Company's Register of Members as maintained at the Central Securities Depository at the Malta Stock Exchange as at the close of business on Thursday 3 December 2020.”

An interim net dividend of €2.0 million was distributed to shareholders in December 2019, while a second interim net dividend of €2.8 million was paid in July 2020.

PG plc closed off its FY2020, ending in April 2020, with a turnover of €120 million. It projected that FY 2021 would see a three per cent and a five per cent revenue increase from the Pama and Pavi shopping villages and an overall 30 per cent shortfall in rental income, however no HY reports have been released as yet.

The PG Group is involved in PAVI (Qormi) and PAMA (Mosta) Supermarkets, PAMA Shopping Mall in Mosta and the franchise of ZARA and ZARA Home in Sliema and Mosta.