Sequoia Economic Infra Inc Fd Ld Scrip Share Reference Price (5391U)
30 July 2020 - 4:00PM
UK Regulatory
TIDMSEQI
RNS Number : 5391U
Sequoia Economic Infra Inc Fd Ld
30 July 2020
30 July 2020
Sequoia Economic Infrastructure Income Fund Limited
(the "Company")
Scrip Share Reference Price
The reference price of a new Ordinary Share under the Company's
scrip dividend alternative for the first quarterly interim dividend
for the financial period ending 31 March 2021 (the "Q1 Dividend")
has been set at 103.44p. This is the average of the middle market
prices of the Company's Ordinary Shares derived from the London
Stock Exchange Daily Official List for the ex-dividend date and the
four subsequent dealing days.
Further information regarding the scrip dividend offered in
respect of the Q1 Dividend and the Scrip Dividend Scheme can be
found in the Scrip Dividend Circular (the "Scrip Circular")
available on the Company's website to view and/or download at
http://www.seqifund.com. The Scrip Circular is also available on
the National Storage Mechanism website at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism. Copies of
the Scrip Circular are also available for inspection at Sarnia
House, Le Truchot, St Peter Port, Guernsey.
If no elections for the Scrip Dividend Alternative are received,
the total cash dividend payable by the Company would be
GBP25,854,241.
If all eligible Shareholders elected, under the Scrip Dividend
Alternative, to receive the Dividend in the form of New Shares
rather than in cash in respect of their entire holdings, 24,994,432
New Shares would be issued (ignoring any reduction in respect of
fractions), representing approximately 1.51% of the issued Ordinary
Share capital of the Company as at today's date.
The Q1 Dividend payment date and the date for admission and
dealing of the New Ordinary Shares to be issued pursuant to the
Scrip Dividend Alternative is expected to be 28 August 2020.
For further information please contact:
Sequoia Investment Management
Company
Steve Cook
Dolf Kohnhorst
Randall Sandstrom
Greg Taylor +44 (0)20 7079 0480
Jefferies International Limited
(Corporate Broker & Financial
Adviser)
Neil Winward
Gaudi Le Roux +44 (0) 20 7029 8000
Tulchan Communications (Financial
PR)
Elizabeth Snow
Martin Pengelley
Deborah Roney +44 (0)20 7353 4200
Praxis Fund Services Limited
(Company Secretary)
Matt Falla
Katrina Rowe +44 (0)1481 755530
About Sequoia Economic Infrastructure Income Fund Limited
The Company seeks to provide investors with regular, sustained,
long-term distributions and capital appreciation from a diversified
portfolio of senior and subordinated economic infrastructure debt
investments. The Company is advised by Sequoia Investment
Management Company Limited.
LEI: 2138006OW12FQHJ6PX91
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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