John Laing Infrastructure Fund 2016 Second Interim Dividend (8561Z)
March 20 2017 - 2:02AM
UK Regulatory
TIDMJLIF
RNS Number : 8561Z
John Laing Infrastructure Fund
20 March 2017
20 March 2017
John Laing Infrastructure Fund Limited ("the Company" or
"JLIF")
2016 Second Interim Dividend
The Board has declared an interim dividend covering the period 1
July 2016 to 31 December 2016.
Distribution period: 1 July 2016 - 31
December 2016
========================== =================
Distribution amount per 3.48 pence
share:
========================== =================
Ex-dividend date: 23 March 2017
========================== =================
Dividend record date: 24 March 2017
========================== =================
Last date to elect/revoke 28 April 2017
elections:
========================== =================
Payment date/Allotment 16 May 2017
of scrip:
========================== =================
Scrip Alternative in Yes
operation:
========================== =================
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 11 April 2017 to
all eligible JLIF shareholders on the register as at the record
date for the dividend, being 24 March 2017. The scrip dividend
election forms will need to be completed and returned to Capita
Registrars Limited by 28 April 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
Andrew Charlesworth
Finsbury 020 7251 3801
Faeth Birch
Philip Walters
This information is provided by RNS
The company news service from the London Stock Exchange
END
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