Blue Power Group Limited (BPOW) Declares Dividend & Announces Consideration of Stock Split at AGM

Blue Power Group Limited (BPOW) has advised that the Company will pay a dividend of $0.19 per share on July 30, 2018 to shareholders on record at July 16, 2018. The ex-dividend date is July 13, 2018.

BPOW has also advised that the Annual General Meeting of the Company will be held on August 14, 2018 at 4:00 p.m. at the Guardsman Group Limited Headquarters, 107 Old Hope Road, Kingston 6. In addition to the normal business conducted at the AGM, the following resolutions will be introduced:

a. Increase the authorised share capital of the company from 90,000,000 shares of no par value to 900,000,000 shares of no par value. (Article 49)
b. Split each existing share of the company into 10 shares of no par value, increasing the issued share capital to 564,990,000 shares of no par value. (Article 50)