GCP Infrastructure Investments Ltd Dividend Declaration (2306E)
14 July 2016 - 11:29PM
UK Regulatory
TIDMGCP
RNS Number : 2306E
GCP Infrastructure Investments Ltd
14 July 2016
GCP Infrastructure Investments Limited
(the "Company")
Headline: Dividend Declaration and Scrip Dividend
Alternative
14 July 2016
The Board of the Company is pleased to announce a dividend of
1.9 pence per ordinary share, for the period from 1 April 2016 to
30 June 2016. The dividend will be paid on 26 August 2016 to
holders of ordinary shares recorded on the register as at the close
of business on 22 July 2016.
The Company will also be offering a scrip dividend alternative
under which shareholders may elect to receive new ordinary shares
in lieu of the cash dividend. The price of a new ordinary share to
be issued under the scrip dividend alternative will be calculated
by taking the average of the Company's closing middle market
quotations of an ordinary share for the five consecutive dealing
days commencing on the ex-dividend date of 21 July 2016. A circular
and form of election will be sent to shareholders on or around 1
August 2016. Shareholders who hold their shares in certificated
form and who wish to automatically receive all or part of the
interim dividend by way of new shares in the Company, not only on
this occasion but on all future occasions where the Company decides
to offer a scrip dividend alternative, should complete and return
the form of election that will be provided to them with the
circular by 5.00pm on 15 August 2016. For shareholders who hold
their shares through CREST, a CREST Dividend Election Input Message
should be submitted on each occasion where a scrip dividend
alternative is offered.
Expected timetable:
Shares quoted ex-dividend 21 July 2016
Record date for dividend 22 July 2016
Posting of Forms of Election 1 August 2016
Final date for receipt by 15 August 2016
the Receiving Agent of Forms
of Election 5pm
Posting of dividend warrants 25 August 2016
and cheques
CREST stock account credited
with new Ordinary Shares 26 August 2016
Dividend payment date 26 August 2016
Dealings commence in new Ordinary 26 August 2016
Shares
Posting of new Ordinary Share 26 August 2016
Certificates
Gravis Capital Partners LLP +44 (0)20 7518 1490
Stephen Ellis
Rollo Wright
Dion Di Miceli
Stifel Nicolaus Europe Limited +44 (0)20 7710 7600
Neil Winward
Mark Bloomfield
Tunga Chigovanyika
Buchanan 44 (0)20 7466 5000
Charles Ryland
Sophie McNulty
This information is provided by RNS
The company news service from the London Stock Exchange
END
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