NATS to pay another £20m interim dividend to shareholders
30th November 2010 – NATS, the UK’s leading air traffic control organisation, is to pay another £20m interim dividend to shareholders including employees, in respect of the year ending 31st March 2011. The dividend will be funded by NATS (En Route) plc, the company’s regulated en-route services provider.
This equates to 13.98 pence per share. The Government will receive £9.8m and The Airline Group £8.4m. Airports’ group BAA will receive £0.8m. The NATS Employee Share Trust will receive £1m for distribution to employee shareholders, which means that individuals could receive up to £276.
In June 2010, NATS paid an initial interim dividend of £20m to shareholders in respect of the year ending 31st March 2011, with £15m coming from NATS (En Route) plc and the remaining £5m coming from NATS Services Ltd, the non-regulated business providing airports’ air traffic services and consultancy.