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Further to the announcement made by the Company on 7 August 2019, the Directors of the Company are pleased to declare a special dividend of 255.00 pence per ordinary share (equivalent US$309.32 cents per ordinary share) (the "Special Dividend") in respect of the year ended 31 December 2018.
The Special Dividend will be paid on 30 August 2019 to shareholders on the register as of 16 August 2019. The ex-dividend date is 15 August 2019.
The Company has elected to designate 13% of the Special Dividend as an interest distribution to its shareholders in order to maintain its investment trust status and 87% as a dividend distribution to its shareholders.
As a part interest distribution, the Company is taking advantage of UK tax treatment by "streaming" income from interest-bearing investments into dividends that will be taxed in the hands of shareholders as interest income.
For further information about this announcement contact:
Link Company Matters Limited
Tel: +44 (0)1392 477 510
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