Doric Nimrod Air Two Limited Dividend Declaration (9241T)
12 January 2017 - 4:00AM
UK Regulatory
TIDMDNA2
RNS Number : 9241T
Doric Nimrod Air Two Limited
11 January 2017
DORIC NIMROD AIR TWO LIMITED
DIVIDEND DECLARATION
Overview
Doric Nimrod Air Two Limited (LSE:DNA2) (the "Company") is a
Guernsey domiciled company with shares admitted to trading on the
Specialist Fund Segment of the London Stock Exchange's Main
Market.
Declaration of Dividend
In line with the distribution policy the directors of the
Company have declared a fourth interim dividend of 4.50 pence per
Ordinary Preference Share in respect of the financial period ending
31 March 2017.
This dividend will be payable on or around 31 January 2017 to
holders on record 20 January 2017. The corresponding ex-dividend
date will be 19 January 2017.
Future dividend payments are anticipated to be declared and paid
on a quarterly cycle as per the Prospectus subject to compliance
with applicable laws and regulations.
A quarterly fact sheet will be posted on the Company's website
today.
http://www.dnairtwo.com/investors/quarterly-factsheet.html
Investment Objectives and Policy
The Company's investment objective is to obtain income returns
and a capital return for its Shareholders by acquiring, leasing and
then selling aircraft (the "Assets").
In the pursuit of its investment objective the Company has used
the net proceeds of placings and other equity capital raisings,
together with debt facilities (or instruments), to acquire seven
Airbus A380 aircraft which have each been leased on twelve years
terms to Emirates Airline ("Emirates"), the national carrier owned
by the Investment Corporation of Dubai based in Dubai, United Arab
Emirates.
The Company aims to provide Shareholders with an attractive
total return comprising income, from distributions through the
period of the Company's ownership of the Assets, and capital, upon
the sale of the Assets.
Investor information
The latest available information on the Company can be accessed
via the website.
This document has been issued by, and is the sole responsibility
of the Company and is for information purposes only. It is not, and
is not intended to be an invitation, inducement, offer, or
solicitation, to deal in the shares of the Company. The price of
shares in the Company and the income from them may go down as well
as up and investors may not get back the full amount invested on
disposal of shares in the Company. An investment in the Company
should be considered only as part of a balanced portfolio of which
it should not form a disproportionate part. Prospective investors
are advised to seek expert legal, financial, tax and other
professional advice before making any investment decision.
By order of the Board
For further information, please contact:
For administrative and company information:
JTC Fund Solutions (Guernsey) Limited
+44 (0) 1481 702400
For shareholder information:
Nimrod Capital LLP
Richard Bolchover
Marc Gordon
+44 (0) 20 7382 4565
E&OE - in transmission
This information is provided by RNS
The company news service from the London Stock Exchange
END
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