HYDRO HOTEL EASTBOURNE PLC - Dividend Declaration PR Newswire

11 December 2019

Hydro Hotel, Eastbourne, Plc

(“Hydro Hotel” or the “Company”)

Dividend Declaration

Hydro Hotel, Eastbourne, Plc announces that the Company has today (11 December 2019) declared a dividend for the year ended 31 October 2019 at the rate of 23.0 pence per share (2018, 21.0 pence) to be paid in two instalments:

    --  9.0 pence per share (2019, 7.0 pence) on Thursday, 16 January 2020 to
        shareholders on the register on Friday, 20 December 2019. The
        ex-dividend date will be Thursday, 19 December 2019; and

    --  14.0 pence per share (2019, 14.0 pence) on Thursday, 30 April 2020 to
        shareholders on the register on Friday, 17 April 2020. The ex-dividend
        date will be Thursday, 16 April 2020.

This reflects consistency in the timing of payments with prior years, and the profit expected for the year, subject to audit, and the Company's significant cash position.

The Directors of the Company accept responsibility for the content of this announcement.

Enquiries:


Hydro Hotel, Eastbourne, Plc   Telephone: +44 1323 431 200
Sally Gausden
Company Secretary

Peterhouse Capital Limited     Telephone: +44 20 7469 0930
NEX Exchange Corporate Adviser
Mark Anwyl



Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.