The Board of Fidelity China Special Situations PLC recommend a dividend of 1.80 pence (2015: 1.30 pence) per Ordinary Share for the year ended 31 March 2016 for approval by shareholders at the forthcoming Annual General Meeting. This represents a 38.5% increase on the 1.30 pence paid in respect of the prior year. The dividend will be payable on 26 July 2016 to shareholders on the register on 24 June 2016 (ex-dividend date 23 June 2016).

The company announced that John Owen, after serving as Chairman of the Company since launch, will retire at the conclusion of the forthcoming Annual General Meeting. The company said that Nicholas Bull, Senior Independent Director, will succeed John Owen as Chairman. Nicholas, has been on the Board of the Company since its launch in 2010. Andrew Wells will not be seeking re-election at the Annual General Meeting on 22 July 2016 as he is now focusing on a new role within the Fidelity business. It welcome John Ford as a new member of the Board on 22 July 2016, he is FIL's Global Chief Investment Officer for Fixed Income, Solutions and Real Estate.