Apr 2008 Financial News

SFC - Notice of Record Date for Payment of Final Dividend and Currency Conversions for TT$ and GBP

Apr 10, 2008

SAGICOR FINANCIAL CORPORATION

NOTICE OF RECORD DATE FOR PAYMENT OF FINAL DIVIDEND AND CURRENCY CONVERSIONS FOR TT$ AND GBP

NOTICE is hereby given in accordance with the Companies Act Chapter 308 of the Laws of Barbados that the Directors of Sagicor Financial Corporation (“the Company”) have by resolution declared a final dividend of 8 cents per share Barbados currency on the outstanding common shares in the capital of the Company for the year ended December 31, 2007 to be paid on May 16, 2008 to the Shareholders and Depositary Interest Holders of record at the close of business on April 25, 2008.

NOTICE is further given that the Directors of the Company have by resolution fixed a Currency Conversion Record Date of April 25, 2008 for the purpose of determining the conversion rate for the payment of the Final Dividend in:

a) Trinidad and Tobago currency to Shareholders resident in Trinidad and Tobago, such currency conversion to be calculated as the average of the exchange selling rate as published by the Central Bank of Trinidad and Tobago at the close of business on the five business days immediately preceding April 25, 2008, and

b) Pounds Sterling to Holders registered on the Depositary Interest Register maintained by the Company in the United Kingdom, such currency conversion to be calculated as the average of the exchange selling rate as published by the Central Bank of Barbados as the close of business on the five business days immediately preceding April 25, 2008.

Shares will trade “ex div” from April 23, 2008. Only those shareholders and Depositary Interest Holders of record on April 25, 2008 will be entitled to receive the Final Dividend.


Dated April 10, 2008

By Order of the Board of Directors

Sandra Osborne, QC
Corporate Secretary


Source:
Trinidad Guardian, Page 24
Thurdsay April 10, 2008