Bellway P.L.C. Announces Executive Changes, Effective from December 12, 2018; Proposes Final Dividend for the Year Ended July 31, 2018, Payable on 9 January 2019
October 16, 2018 at 02:01 am EDT
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Bellway p.l.c. announced that John Watson will be retiring as non-executive Chairman at the AGM on 12 December 2018. He will be replaced by the current Audit Committee Chair, Paul Hampden Smith, who will become non-executive Chairman with effect from 12 December 2018.
For the year ended 31 July 2018, the growth in earnings has enabled the Board to recommend a 12.4% increase in the final dividend to 95.0 pence per share (2017 - 84.5p), increasing the proposed total dividend for the year by 17.2% to 143 pence per share against 122 pence a year ago. The 2018 proposed final dividend is subject to approval by shareholders at the Annual General Meeting on 12 December 2018. The proposed final dividend, subject to shareholder approval, will be paid on 9 January 2019 to all ordinary shareholders on the Register of Members on 30 November 2018. The ex-dividend date is 29 November 2018.
Bellway p.l.c. is a United Kingdom-based home construction company engaged in the building and selling of homes, ranging from one-bedroom apartments up to six-bedroom family homes, as well as providing social housing-to-housing associations. The Company operates into approximately 21 divisions, covering centers across England, Scotland and Wales. The Company's brands include Bellway, Ashberry brand and Bellway London. Bellway brand is engaged in building quality homes in selected locations inspired by the needs of families. Ashberry brand is used on larger sites, where the site layout and market demand justify two selling outlets. The Bellway London brand covers all their developments in London boroughs and commuter towns. Its properties range from one-bedroom apartments to four-bedroom houses. The Company's subsidiaries include Bellway Homes Limited, Bellway Housing Trust Limited, Bellway Properties Limited, Bellway (Services) Limited and Litrose Investments Limited.
Bellway P.L.C. Announces Executive Changes, Effective from December 12, 2018; Proposes Final Dividend for the Year Ended July 31, 2018, Payable on 9 January 2019
BELLWAY P.L.C. 
