8 September 2016
BCA Marketplace plc
BCA Marketplace plc, which provides customer centric solutions along the automotive value chain, fuelling the largest used-vehicle remarketing exchange in the UK and Europe, is pleased to provide the following update prior to its Annual General Meeting to be held today at 9am.
Shareholders are being asked today to approve a final dividend of 4.0 pence per ordinary share, which, if approved, will be paid on 30 September 2016 to those shareholders on the register of members at the close of business on 23 September. This dividend, if approved, will result in a total dividend in respect the fifteen month period ended 3 April 2016, and representing the twelve month period of trading since the BCA acquisition and placing, of 6.0 pence per ordinary share.
The Board is pleased to report that the business continues to trade and grow in line with its expectations and remains confident about the Group's prospects for the financial year as a whole.
Square1 Consulting (Financial PR) +44 (0)20 7929 5599
Bell Pottinger (Financial PR) +44 (0)20 3772 2500
This information is provided by RNS