Winking Studios plans dividend policy tied to AIM listing by December
It intends to distribute 5% to 15% of its annual profits.
Winking Studios will implement a dividend policy in conjunction with its proposed dual listing on the London Stock Exchange’s alternative investment sub-market.
In a bourse filing, the company said it intends to distribute 5% to 15% of its annual profits.
The company stated that the Board will decide on the amount and payment of future dividends, which will comply with applicable laws, including the Cayman Islands Companies Act and the Company’s governing documents.
The dividend policy will take effect only after AIM Admission, expected by 31 December.