Melco Resorts & Entertainment Limited (MLCO)
Filed: 6 Nov 14, 12:00am
Exhibit 99.1
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
(SEHK Stock Code: 6883)
DECLARATION AND PAYMENT OF QUARTERLY DIVIDEND
Melco Crown Entertainment Limited (the “Company”) is pleased to announce that on November 6, 2014, the board of directors of the Company (the “Board”) considered and approved the declaration and payment of a quarterly dividend of US$0.0239 per ordinary share of the Company for the third quarter of 2014 (the “Quarterly Dividend”).
The Quarterly Dividend will be paid on or about December 4, 2014 to the shareholders of the Company (the “Shareholders”) whose names appear on the register of members of the Company at the close of business on November 24, 2014, being the record date for determination of entitlements to the Quarterly Dividend.
The register of members of the Company will be closed from November 21, 2014 to November 24, 2014 (both days inclusive) for the purpose of determining the entitlements of the Shareholders to the Quarterly Dividend, during which period no transfer of shares in the Company will be effected. In order to qualify for the Quarterly Dividend, all transfers, accompanied by the relevant share certificates, must be lodged with the Company’s Hong Kong branch share registrar and transfer office, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong, no later than 4:30 p.m. on November 20, 2014.
The payment of the Quarterly Dividend will be made in Hong Kong dollars for the Shareholders and in United States dollars for the holders of American Depositary Share(s) of the Company (“ADS”), each of which presents three ordinary shares. The Quarterly Dividend in Hong Kong Dollars will be paid to the Shareholders based on an exchange rate of US$1.00 to HK$7.7518 (representing the average of selling and buying telegraphic transfer rates quoted by The Hong Kong Association of Banks in Hong Kong on November 6, 2014). Accordingly, the Quarterly Dividend in Hong Kong dollars will be approximately HK$0.1853 per ordinary share.
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The Quarterly Dividend of approximately US$0.0717 per ADS, less any applicable fees and charges, will be paid on or about December 4, 2014 by the depositary, in cash in US dollars, to ADS holders of record as of November 24, 2014 in accordance with the deposit agreement.
By order of the Board Melco Crown Entertainment Limited Lawrence Yau Lung Ho Co-Chairman and Chief Executive Officer |
Macau, November 6, 2014
As at the date of this announcement, the board of directors comprises one executive director, namely Mr. Lawrence Yau Lung Ho (Co-Chairman and Chief Executive Officer); five non-executive directors, namely Mr. James Douglas Packer (Co- Chairman), Mr. John Peter Ben Wang, Mr. Clarence Yuk Man Chung, Mr. William Todd Nisbet, and Mr. Rowen Bruce Craigie; and four independent non-executive directors, namely Mr. James Andrew Charles MacKenzie, Mr. Thomas Jefferson Wu, Mr. Alec Yiu Wa Tsui, and Mr. Robert Wason Mactier.
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