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Evolution Mining Sets Price for Dividend Reinvestment Plan; Shares Gain 3%

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Evolution Mining (ASX:EVN) set the dividend reinvestment plan price for the final fully franked dividend for the year ended June 30 at AU$13.3119 per share, according to a Friday filing with the Australian bourse.

Shareholder participation in the plan reached 1.45% of the ordinary shares of the company, which will result in the issuance of 466,963 new shares, per the filing.

For shareholders who did not participate or partially participated in the dividend reinvestment plan, the final dividend of AU$0.21 per share is payable on Oct. 2.

Evolution Mining shares rose 3% in recent Friday trade.

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