DCG IRIS Limited Interim Dividend (4109L)

TIDMIRIS

RNS Number : 4109L

DCG IRIS Limited

03 July 2014

DCG IRIS Limited (the "Company")

Interim Dividend

The Company has declared an interim dividend, in respect of the period starting 1 April 2014 and ending 30 June 2014, of 1.25p per Sterling Share, payable on 12 August 2014 to holders of Sterling Shares on the register on 11 July 2014.

The ex-dividend date will be 9 July 2014.

Subject to market conditions and the Master Fund's performance, the financial position of the Company and the financial outlook, it is the Directors' intention to pay quarterly dividends to Sterling Shareholders.

Whilst not forming part of its investment objective or policy, the Company will, in the absence of unforeseen circumstances, target an annualised dividend of 5.0p per Sterling Share per annum. This target has not been changed in connection with the Liquidation Proposals announced on 18 June 2014.

In light of the nature of the shareholder register, the Board concluded that the provision of a scrip alternative to the cash dividend would not have sufficient uptake to justify the cost of providing it. This situation will be kept under review.

For further information please contact:

Dexion Capital (Guernsey) Limited, Investment Manager

+44 1481 743940

Christopher Copperwaite

This information is provided by RNS

The company news service from the London Stock Exchange

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