HICL Infrastructure Company Ld Scrip Dividend Alternative - Suspension (0229Q)
June 01 2018 - 6:01AM
UK Regulatory
TIDMHICL
RNS Number : 0229Q
HICL Infrastructure Company Ld
01 June 2018
1 June 2018
HICL Infrastructure Company Limited (the "Company")
Scrip Dividend Alternative - Suspension
Further to the Company's announcement on 16 May 2018, in which a
fourth quarterly interim dividend of 1.97 pence per ordinary share
was declared, the Board of Directors notes that the Scrip Share
Reference Price in respect of that dividend is less than the
prevailing NAV per ordinary share.
The Board believes that it would not be in the best interests of
the Company and of shareholders as a whole to offer a scrip
dividend alternative in such circumstances, and accordingly all
shareholders entitled to receive the fourth quarterly dividend on
the record date (25 May 2018) will do so in cash.
The suspension of the scrip dividend alternative relates solely
to the fourth quarterly interim dividend, with the Board continuing
to consider the availability of scrip in respect of any future
dividends on a case-by-case basis.
For further information, please contact:
Aztec Financial Services
(Guernsey) Limited
Chris Copperwaite +44 1481 748 831
InfraRed Capital Partners
Limited
Harry Seekings
Keith Pickard +44 20 7484 1800
Canaccord Genuity Limited
David Yovichic +44 20 7523 8000
Tulchan Communications
Latika Shah +44 20 7353 4200
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
DIVEANKFESNPEEF
(END) Dow Jones Newswires
June 01, 2018 06:01 ET (10:01 GMT)
Hicl Infrastructure (LSE:HICL)
Historical Stock Chart
From Mar 2024 to Apr 2024
Hicl Infrastructure (LSE:HICL)
Historical Stock Chart
From Apr 2023 to Apr 2024