The issued share capital of Zytronic plc is 16,044,041 Ordinary shares of 1.0p each.
The figure of 16,044,041 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA’s Disclosure Guidance and Transparency Rules.
The company’s shares are traded on AIM. The number of shares not in public hands as at 30th September 2019 was 244,248, 1.5%.
Significant shareholders as at 30th April 2019 were:
| Beneficial Owner | No. of shares | % of total Issued shares |
| Close Brothers Asset Management | 1,290,462 | 8.04 |
| AXA Framlington Investment Managers | 1,200,000 | 7.48 |
| Hargreaves Lansdown | 1,134,829 | 7.07 |
| Brown Shipley & Co. Limited | 857,499 | 5.34 |
| Canaccord Genuity Wealth Management | 759,407 | 4.73 |
| Interactive Investor | 682,207 | 4.25 |
The Board has adopted a dividend policy appropriate to the Group’s financial performance. It takes into account the ability to operate and grow the business and the need to manage gearing and retain a prudent level of cash resources within the Group.
Over the last five financial years, the Board has increased the level of dividends significantly, as shown below;
| Dividends related to the year ended 30 September |
2019 p |
2018 p |
2017 p |
2016 p |
2015 p |
| Interim dividends, paid in July, during the financial year |
7.60 | 7.60 | 3.80 | 3.45 | 3.14 |
| Final dividends, paid in February or March, following the financial year end |
– | 15.20 | 15.20 | 10.96 | 8.87 |
| Total dividend for the financial year | – | 22.80 | 19.00 | 14.41 | 12.01 |
| AGM | 6 February |
| 2018 Final Dividend | 22 February |
| 2019 Half-Year End | 31 March |
| 2019 Interim Results | 14 May |
| 2019 Interim Dividend | 19 July |
| 2019 Year End | 30 September |
| 2019 Preliminary Results | December |
All shareholders are invited to attend our Annual General Meetings and meet the Non-Executive and Executive Directors. We welcome these opportunities to report on our performance, answer your questions, and provide a conducted tour of our manufacturing facilities.
The next AGM will be held in 2020, the date of which will be announced on the release of the preliminary results for the year.