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Guernsey, 16 October 2018
The Board of Directors of Princess Private Equity Holding Limited ("Princess" or the "Company") announces a second interim dividend of EUR 0.28 per share for the 2018 calendar year. Dividends for the full year total EUR 0.56 per share (2017: EUR 0.56 per share), equivalent to 5.2% of opening net asset value per share as of 31 December 2017. This represents a dividend yield of 5.6% based on the closing share price of EUR 10.00 on 15 October 2018.
The Company continues to target an annualised dividend of 5-8% p.a. on opening net asset value, via semi-annual payments to shareholders.
The second interim dividend for the year will be paid on 14 December 2018. The relevant date for the entitlement to the dividend (record date) will be 9 November 2018 and the corresponding ex-dividend date will be 8 November 2018. The last dates for the currency election and the dividend re-investment plan will be 9 November 2018 and 23 November 2018 respectively.
Shareholders wishing to make a currency election should complete the form available in the Dividend Information section on the Company's website:
Shareholders wishing to elect for the dividend re-investment plan can visit www.signalshares.com and make an online election. Alternatively, shareholders can contact Link Asset Services on +44 (0)371 664 0321 to receive a personalised dividend reinvestment plan election form.
Princess is an investment holding company founded in 1999 and domiciled in Guernsey. It invests, inter alia, in private equity and private debt investments. Princess is advised in its investment activities by Partners Group, a global private markets investment management firm with EUR 67.1 billion in investment programs under management in private equity, private debt, private real estate and private infrastructure. Princess aims to provide shareholders with long-term capital growth and an attractive dividend yield. Princess is traded on the London Stock Exchange (ticker symbols: PEY for the Euro quote; PEYS for the Sterling quote).
Princess Private Equity Holding Limited:
Registered Number: 35241
Investor relations contact
Phone: +44 (0)20 7575 2771
Media relations contact
Phone: +41 41 784 65 26
This document does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for any securities and neither is it intended to be an investment advertisement or sales instrument of Princess Private Equity Holdings. The distribution of this document may be restricted by law in certain jurisdictions. Persons into whose possession this document comes must inform themselves about, and observe any such restrictions on the distribution of this document. In particular, this document and the information contained therein is not for distribution or publication, neither directly nor indirectly, in or into the United States of America, Canada, Australia or Japan.
This document may have been prepared using financial information contained in the books and records of the product described herein as of the reporting date. This information is believed to be accurate but has not been audited by any third party. This document may describe past performance, which may not be indicative of future results. No liability is accepted for any actions taken on the basis of the information provided in this document. Neither the contents of Princess' website nor the contents of any website accessible from hyperlinks on Princess' website (or any other website) is incorporated into, or forms part of, this announcement.
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