May 30, 2018 / 4:40 AM / 5 months ago

BRIEF-Spice Private Equity To Propose Launch Of Dividend Program Starting in 2019

May 30 (Reuters) - Spice Private Equity :

* SAID ON TUESDAY TO PROPOSE LAUNCH OF DIVIDEND PROGRAM STARTING IN 2019

* PROGRAM WOULD HAVE A THREE-YEAR TERM, ENSURING PREDICTABILITY AS WELL AS GRADUALLY INCREASING DIVIDENDS

* OBJECTIVE IS TO PROPOSE MINIMUM TARGET PAYOUTS OF USD 5.0M, USD 5.5M AND USD 6.0M IN 2019, 2020 AND 2021 RESPECTIVELY

Source text - bit.ly/2xoJRhz

Further company coverage: (Gdynia Newsroom)

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