TIDMHICL

RNS Number : 0229Q

HICL Infrastructure Company Ld

01 June 2018

1 June 2018

HICL Infrastructure Company Limited (the "Company")

Scrip Dividend Alternative - Suspension

Further to the Company's announcement on 16 May 2018, in which a fourth quarterly interim dividend of 1.97 pence per ordinary share was declared, the Board of Directors notes that the Scrip Share Reference Price in respect of that dividend is less than the prevailing NAV per ordinary share.

The Board believes that it would not be in the best interests of the Company and of shareholders as a whole to offer a scrip dividend alternative in such circumstances, and accordingly all shareholders entitled to receive the fourth quarterly dividend on the record date (25 May 2018) will do so in cash.

The suspension of the scrip dividend alternative relates solely to the fourth quarterly interim dividend, with the Board continuing to consider the availability of scrip in respect of any future dividends on a case-by-case basis.

For further information, please contact:

 
 Aztec Financial Services 
  (Guernsey) Limited 
  Chris Copperwaite           +44 1481 748 831 
 InfraRed Capital Partners 
  Limited 
  Harry Seekings 
  Keith Pickard               +44 20 7484 1800 
 Canaccord Genuity Limited 
  David Yovichic              +44 20 7523 8000 
 Tulchan Communications 
  Latika Shah                 +44 20 7353 4200

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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June 01, 2018 06:01 ET (10:01 GMT)

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