The Group enters 2023 in a strong financial position, with cash and bank deposits of $86.8m. In view of the Group's financial performance in 2022 and its likely cash requirements in 2023, the Board recommends a final dividend per share of 120.00c (2021: 30.00c), giving a total paid and proposed 2022 regular dividend per share of 160.00c (2021: 45.00c).
In addition, and consistent with both the Group's capital allocation framework and its balance sheet funding guidelines, the Board is to recommend an additional, special dividend per share of 200.00c (2021: 0.00c), to be paid in June 2023 alongside the 2022 final dividend.
