Regulatory Story
Go to market news section View chart   Print
RNS
Electra Private Equity PLC  -  ELTA   

Dividend Declaration

Released 12:09 30-Oct-2018

RNS Number : 7337F
Electra Private Equity PLC
30 October 2018
 

FOR IMMEDIATE RELEASE

 

Electra Private Equity PLC

Declaration of Dividend

 

30 October 2018

 

On 4 October 2018, the Board of Electra Private Equity PLC announced its intention to distribute excess cash as an initial special dividend of £140m (£3.65 per share) in December subject to the completion of the Photobox transaction and adoption of a revised investment objective and policy (the "Initial Special Dividend").

 

The Board announced the completion of the Photobox transaction on 19 October 2018 and announced earlier today that shareholders had approved the adoption of a revised investment objective and policy at the General Meeting held today.

 

Accordingly, the Board confirms that the Initial Special Dividend of £3.65 per share or £140m will be paid on Friday 14 December 2018 to shareholders registered at the close of business on Friday 16 November 2018.  The ex-dividend date is Thursday 15 November 2018.

 

 

 

For further information, please contact:

 

Electra Private Equity PLC

Gavin Manson, Chief Financial Officer              020 3874 8300

 

Greenhill

David Wyles / Brenlen Jinkens / Michael Lord   020 7198 7400

 

Brunswick Group

Gil Ackers / Kim Fletcher                                    020 7404 5959

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DIVMMBTTMBMJBRP
Close


London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

 


Dividend Declaration - RNS