Grass Roots shareholders to receive payout

Grass Roots Group is to pay out £285,000 to shareholders from its reserves of nearly £4.8m.

David Evans retired from Grass Roots earlier this year
David Evans retired from Grass Roots earlier this year

Shareholders will receive an interim dividend payout of 0.5 pence per share before Grass Roots Group files its end of year results.

Shareholders include WPP, which owns a 46% share, and former CEO and chairman David Evans, who, after retiring earlier this year, retained a 28% share.

The remaining 26% stake is split across other management.

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