John Laing Infrastructure Fund 2017 First Interim Dividend (2866Q)
11 September 2017 - 4:01PM
UK Regulatory
TIDMJLIF
RNS Number : 2866Q
John Laing Infrastructure Fund
11 September 2017
11 September 2017
John Laing Infrastructure Fund Limited ("the Company" or
"JLIF")
2017 First Interim Dividend
The Board has declared an interim dividend covering the period 1
January 2017 to 30 June 2017.
Distribution period: 1 January 2017 - 30 June
2017
===================================== =========================
Distribution amount per share: 3.48 pence
===================================== =========================
Ex-dividend date: 21 September 2017
===================================== =========================
Dividend record date: 22 September 2017
===================================== =========================
Last date to elect/revoke elections: 16 October 2017
===================================== =========================
Payment date/Allotment of scrip: 31 October 2017
===================================== =========================
Scrip Alternative in operation: Yes
===================================== =========================
The Directors intend that the Company will generally restrict
distributions (by way of dividend or otherwise) to the level of
distributable cash flows, and dividends to the level of income from
the Fund's investments, as recognised in the relevant financial
period. Any such dividend or distribution shall be made conditional
on the passing of the solvency test under Guernsey law.
Distributions on the shares are expected to be paid twice a
year, normally in respect of the six month period to 30 June and 31
December respectively, and are expected to be made by way of
interim dividends.
The Board intends to offer a scrip dividend alternative for this
distribution to those investors who wish to receive additional JLIF
securities in lieu of a cash payment. A circular will be sent to
shareholders explaining the terms of the scrip dividend
alternative. It is intended that the circular together with scrip
dividend election forms will be mailed on or about 30 September
2017 to all eligible JLIF shareholders on the register as at the
record date for the dividend, being 22 September 2017. The scrip
dividend election forms will need to be completed and returned to
Capita Registrars Limited by 16 October 2017 by those investors who
wish to receive shares in lieu of cash other than those
shareholders who have previously given a Scrip Dividend Mandate to
the Company.
Note: The times and dates in this announcement are expected
times and dates only and are subject to change. Any such changes
will be notified to shareholders through a regulatory information
service.
For further information, please contact:
John Laing Capital Management Limited 020 7901 3326
David Hardy
Finsbury 020 7251 3801
Faeth Birch
Phillip Walters
This information is provided by RNS
The company news service from the London Stock Exchange
END
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