11 April 2024
DORIC
NIMROD AIR TWO LIMITED
DIVIDEND DECLARATION
Overview
Doric Nimrod Air Two Limited
(LSE:DNA2, LEI: 213800ENH57LLS7MEM48) (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 an interim dividend of
4.50 pence per Ordinary Preference Share for the financial year
ending 31 March 2024 in respect of the previous
quarter.
This dividend will be paid gross on
or around 30 April 2024 to holders of record 19 April 2024. The
corresponding ex-dividend date will be 18 April 2024.
If any shareholder, who previously
received their dividend payments by cheque, would now prefer the
convenience of an electronic transfer into their bank account,
please contact JTC Registrars Limited at Registrars@jtcgroup.com.
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.
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.
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 A380-861, aircraft each
leased on twelve year terms to Emirates Airline, 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 Company's
website.
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
+44 (0) 20 7382 4565
END OF ANNOUNCEMENT
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