As a result of the strong performance in the second half of 2020 and the robust balance sheet position, the Board of Tyman plc considered it appropriate to declare a modest final dividend for 2020. A final dividend of 4.0 pence per share (2019: nil), equivalent to GBP 7.8 million based on the shares in issue as at 31 December 2020, will be proposed at the Annual General Meeting (2019: nil). The total dividend declared for the 2020 financial year is therefore 4.0 pence per share (2019: 3.9 pence), an increase of 2.6%. This equates to a Dividend Cover of 6.8x. The Board intends to return to a progressive dividend policy when conditions allow. The ex-dividend date will be 22 April 2021 and the final dividend will be paid on 28 May 2021 to shareholders on the register at 23 April 2021.