THIRD POINT OFFSHORE INVESTORS LIMITED - Dividend Declaration
December 18 2014 - 9:47AM
PR Newswire (US)
Third Point Offshore Investors Limited (the "Company")
(a closed-ended investment company incorporated with limited
liability under the laws of
Guernsey with registered number 47161)
Dividend Declaration
18 December 2014
The Boardof Third Point Offshore Investors Limited is pleased to announce that it
has approved the third annual dividend of approximately 5% of the net asset value
of each share class.
The declaration follows the adoption of a long-term dividend policy by the
Board, as announced on 24 October 2012. This policy anticipates that the
Company will pay a cash dividend of 4-5% of NAV to the extent that the positive
NAV performance of the Company would support such a dividend and absent other,
exigent circumstances relating to the Investment Manager and otherwise.
The Company is pleased to announce the following share class rates and dates:
Dividend per USD Share 90 cents (USD)
Dividend per GBP Share 87 pence (GBP)
Ex-Date 29 December 2014
Record Date 30 December 2014
PayDate 16 January 2015
The dividend yield per share, based on the current share price,is
approximately 5.1%. Shareholders will receive their dividend in the respective
class currency.
The Company also announces the payment of the annual dividend to B shareholders
at fixed rate of 0.0000001 pence (Sterling) per B Share, irrespective of
whether their B Shares are denominated in Sterling or in any other currency.
This dividend will be paid on 16 January 2015.
Enquiries:
Company website: www.thirdpointpublic.com
Andrew Maiden
Northern Trust International Fund Administration Services (Guernsey) Limited
Tel: +44 (0)1481 745368
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