RDL Realisation PLC Dividend Declaration (4766I)
09 August 2019 - 2:35AM
UK Regulatory
TIDMRDL
RNS Number : 4766I
RDL Realisation PLC
08 August 2019
8 August 2019
RDL Realisation plc (the "Company")
Special Dividend
Further to the announcement made by the Company on 7 August
2019, the Directors of the Company are pleased to declare a special
dividend of 255.00 pence per ordinary share (equivalent US$309.32
cents per ordinary share) (the "Special Dividend") in respect of
the year ended 31 December 2018.
The Special Dividend will be paid on 30 August 2019 to
shareholders on the register as of 16 August 2019. The ex-dividend
date is 15 August 2019.
The Company has elected to designate 13% of the Special Dividend
as an interest distribution to its shareholders in order to
maintain its investment trust status and 87% as a dividend
distribution to its shareholders.
As a part interest distribution, the Company is taking advantage
of UK tax treatment by "streaming" income from interest-bearing
investments into dividends that will be taxed in the hands of
shareholders as interest income.
For further information about this announcement contact:
Link Company Matters Limited
Secretary
Tel: +44 (0)1392 477 510
LEI: 549300VGZSKYQ7C2U221
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END
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