Toro Limited (Toro or the Company)
27 July 2016
Toro Declares Dividend for Quarter ended 30 June 2016
The Company is pleased to announce the payment of a dividend of EUR 0.0125 per ordinary share for the period 1 April 2016 to 30 June 2016.
The dividend will be paid on 2 September 2016 to holders of ordinary shares recorded on the register as at close of business on 5 August 2016.
The quarterly dividend has been determined by reference to the target dividend policy set out in the prospectus published in connection with the Company's IPO in May 2015. During the quarter the Company held a relatively high cash balance, in order to effect a defensive market positioning.
Further information in relation to the Company is available at:
http://www.torolimited.gg/
Enquiries:
Kirstie McLaren
Chenavari Investment Managers
Email: [email protected]
Telephone: +44 20 7259 3600
