In line with the Group's updated dividend payment profile announced on 5 November 2020, Personal Group Holdings announces that an interim dividend for 2021 of 5.3p will be paid on 5 November 2021 to members on the register as at 1 October 2021 (the record date). Shares will be marked ex-dividend on 30 September 2021. The last day for elections will be on 15 October 2020.
Other financial highlights include:
Group revenue rose 12.2% to £34.2m (2020: £30.4m), driven primarily by increased pass-through transactional spend via the Hapi platform of £13.4m (2020: £8.5m);
Adjusted EBITDA declined 17.7% to £4.1m as anticipated (2020: £5.0m), reflecting the change in revenue mix driven by Covid-19 related restrictions on face-to-face insurance sales over the last 18 months;
Profit before tax decreased 22.6% to £3.2m (2020: £4.2m);
Basic EPS of 8.4p (2020: 11.0p), in line with Covid-related profit impact;
Balance sheet remains strong with cash and deposits of £22.1m and no debt; and
