NATION MEDIA GROUP PLC- CAUTIONARY NOTICE
Proposed buyback of up to 10% of the issued shared of Nation Media Group PLC.
Please follow the link below for more details.
https://www.use.or.ug/uploads/announcements/NMG%20-Cautionary%20Announce...
Daily Stock Market
Proposed buyback of up to 10% of the issued shared of Nation Media Group PLC.
Please follow the link below for more details.
https://www.use.or.ug/uploads/announcements/NMG%20-Cautionary%20Announce...
Overall turnover declined by 14.06% from last year. Commercial Printing revenue registered a growth of 41.57% while revenue from Advertising and Circulation declined by 20.63% and 18.33% respectively. Radio Advertising grew by 23.43% while Print, Digital and TV Advertising declined by 31.16%, 22.03%and 13.05% respectively from the same period last year.
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The Board of Directors has proposed a final dividend in respect of the year ended 31 December 2020 of Ushs 406 per Ordinary Share, to be recommended for approval by the shareholders at the Annual General Meeting to be held on 27 May 2021. The dividend, which is subject to withholding tax, will be paid on 21 June 2021 to shareholders on the register at the close of business on 31 May 2021.
For more details follow the link below.