Fidelity Asian Values PLC announced subject to shareholders approval at the Annual General Meeting on 6 December 2019, the Directors recommend a dividend of 8.80 pence per ordinary share which represents an increase of 60% over the 5.50 pence paid in 2018. This dividend will be payable on 11 December 2019 to shareholders on the register at close of business on 25 October 2019 (ex-dividend date 24 October 2019). The dividend has increased significantly this year, however Shareholders should be reminded that as the company objective is long-term capital growth; the level of dividend is a function of a particular years income and it should not be assumed that dividends will continue to be paid in the future.

The company announced appointment of Clare Brady as a new member of the Board with effect from 1 August 2019. More recently, she has been a Director of the International Monetary Fund also based in Washington D.C.