GCP Infrastructure Investments Ltd Dividend Declaration (3809U)
18 January 2017 - 1:11AM
UK Regulatory
TIDMGCP
RNS Number : 3809U
GCP Infrastructure Investments Ltd
17 January 2017
GCP Infrastructure Investments Limited
("GCP Infrastructure" or the "Company")
Headline: Dividend Declaration and Scrip Dividend
Alternative
17 January 2017
The Board of the Company is pleased to announce a dividend of
1.9 pence per ordinary share, for the period from 1 October 2016 to
31 December 2016. The dividend will be paid on 3 March 2017 to
holders of ordinary shares recorded on the register as at the close
of business on 27 January 2017.
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 26 January 2017. A
circular and form of election will be sent to shareholders on or
around 3 February 2017. 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 17 February 2017. 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 26 January 2017
Record date for dividend 27 January 2017
Posting of Forms of Election 3 February 2017
Final time and date for receipt
by the Receiving Agent of 5 p.m on 17 February
Forms of Election and for 2017
submission of CREST elections
Posting of dividend cheques 2 March 2017
CREST stock account credited 3 March 2017
with new Ordinary Shares
Dividend payment date 3 March 2017
Dealings commence in new 3 March 2017
Ordinary Shares
Posting of new Ordinary Share 3 March 2017
certificates
Gravis Capital Partners LLP
Stephen Ellis
Rollo Wright
Dion Di Miceli +44 (0)20 7518 1490
Stifel Nicolaus Europe Limited
Mark Bloomfield
Neil Winward
Tunga Chigovanyika +44 (0)20 7710 7600
Buchanan
Charles Ryland
Robbie Ceiriog-Hughes
Victoria Watkins +44 (0)20 7466 5000
Notes to the Editor
About GCP Infrastructure Investments Limited
The Company is a closed-ended London Stock Exchange-listed
investment company that seeks to generate returns from senior and
subordinated infrastructure debt and related and/or similar assets.
The Company is advised by Gravis Capital Partners LLP.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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