Anglo Asian Mining to pay special dividends for 2020

Anglo Asian Mining plc, the AIM-listed gold, copper, and silver producer focused in Azerbaijan, announced a payment of a special dividend of US 1.5 cents per ordinary share in respect of the year ended December 31, 2020.

This special dividend rewards shareholders for continued support while maintaining sufficient cash reserves to develop its portfolio of assets and pursue any potential future opportunities, particularly in the formerly occupied territories and Nagorno Karabakh.

A special dividend will be paid gross on March 11, 2021, to stockholders on the shareholders' record on February 12, 2021. The shares will go ex-dividend on February 11, 2021. All dividends will be paid in cash, and the Company will not offer a scrip dividend or other dividend reinvestment plan.

The dividend will be payable in pounds sterling. It will be converted to pounds sterling using the average of the sterling closing mid-price using the exchange rate published by the Bank of England at 16:00 GMT each day from February 15 to 19, 2021.