Shareholder Update
December 23 2009 - 1:25PM
UK Regulatory
TIDMDPV4
Downing Protected VCT IV plc
23 Dec 2009
Shareholder Update
A letter has today been sent to all shareholders which includes the following
update:
?Forthcoming dividend
As you will be aware, the Company?s objective is to seek to realise its
investments after three in order to return funds to Shareholders. This process
is now underway and I am pleased to confirm the declaration of a dividend of as
follows:
Amount 10.0p per share
Payment date 8 January 2010
Ex dividend date 20 December 2009
The dividend will be paid to shareholders on the register at 18 December 2009
and brings total dividends paid to Shareholders since the Company?s launch to
16.0p per share.
A significant number of additional investment disposals are expected to complete
shortly. These proceeds will fund a further dividend of approximately 40p per
share which the Board estimates will be paid in March 2010.
Future dividend payments are more difficult to accurately estimate as they are
dependent on investment exits where firm plans for how these will be achieved
are not yet in place. The Board does however expect that further dividends will
be paid later in 2010.?
[HUG#1367543]
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