The MedicX Fund Limited Scrip Calculation Price (0287Z)
August 28 2018 - 7:34AM
UK Regulatory
TIDMMXF
RNS Number : 0287Z
The MedicX Fund Limited
28 August 2018
For immediate release
28 August 2018
MedicX Fund Limited
("MedicX", "the Fund" or "the Company")
Scrip Calculation Price for the September 2018 Dividend in
relation to the Scrip Dividend Scheme
On 17 May 2010 the Board of MedicX announced an opportunity for
qualifying Shareholders to receive relevant dividends in new
Ordinary Shares instead of in cash (the "Scrip Dividend
Scheme").
In relation to the dividend for the period 1 April 2018 to 30
June 2018 payable on 28 September 2018 (the "September 2018
Dividend"), the price of a new Ordinary Share in relation to the
Scrip Dividend Scheme (the "Scrip Calculation Price") has been set
at 80.36 pence. This is the average of the closing middle market
quotations for the Company's Ordinary Shares for the five
consecutive business days commencing on the ex-dividend date of 16
August 2018.
An online election or Mandate Form must be received by the
Company's registrar, Link Asset Services, (or CREST instructions
entered) by no later than 5.00 p.m. on 7 September 2018 (the
"Mandate Delivery Deadline") in order for elections under the Scrip
Dividend Scheme to be effective in relation to the September 2018
Dividend.
On 21 August 2018, the Company published on its website a letter
from the Chairman explaining the September 2018 Dividend process
and how to elect for the scrip dividend alternative. This letter
was also posted to Shareholders new on the Register since 19 May
2018 and before 17 August 2018 (the "Record Date") and Shareholders
who had elected to receive hard copy communications. Online
elections can be made via www.signalshares.com or a Mandate Form
can be obtained from the Company's registrar.
For certificated Shareholders, elections and Mandate Forms
remain valid for all Relevant Dividends where a scrip dividend
alternative is offered, until cancelled. Therefore, Shareholders
who have previously elected online or completed a Mandate Form but
no longer wish to receive a scrip dividend should write to Link
Asset Services, Corporate Actions, The Registry, 34 Beckenham Road,
Beckenham, Kent, BR3 4TU, by no later than 5.00 p.m. on the Mandate
Delivery Deadline for the Relevant Dividend to inform them that
they wish to revoke the election and receive a cash dividend. In
the case of Shareholders who hold their Ordinary Shares in
uncertificated form (that is, in CREST), an election via the CREST
system must be made each time a Shareholder wishes to receive the
scrip dividend alternative.
Shareholders who do not wish to receive a scrip dividend
alternative and have not previously completed an online election or
a Mandate Form need take no further action and will receive a cash
dividend in respect of the September 2018 Dividend in the usual
way. The payment date in respect of the September 2018 Dividend is
28 September 2018.
The September 2018 dividend will comprise 50% (0.755p) Property
Income Distribution ("PID") and 50% ordinary dividend (0.755p).
Shareholders who have any questions regarding the Scrip Dividend
Scheme should contact the Link Asset Services helpline on 0371 664
0321*.
*Calls are charged at the standard geographic rate and will vary
by provider. Calls outside the United Kingdom will be charged at
the applicable international rate. The helpline is open between
9.00 am - 5.30 pm, Monday to Friday excluding public holidays in
England and Wales. Please note that Link Asset Services cannot
provide any financial, legal or tax advice and calls may be
recorded and monitored for security and training purposes.
End
For further information please contact:
Octopus Healthcare Adviser Limited +44 (0) 345 0404 5555
Octopus Healthcare Group +44 (0) 20 3142 4820
Mike Adams, Executive Chairman
Buchanan +44 (0) 20 7466 5000
Charles Ryland/Henry Wilson
Information on MedicX Fund Limited
MedicX Fund Limited ("MXF", "MedicX Fund", the "Fund" or the
"Company", or together with its subsidiaries, the "Group") is the
specialist primary care infrastructure investor in modern,
purpose-built primary healthcare properties in the United Kingdom
and Ireland, listed on the London Stock Exchange, with a portfolio
comprising 166 properties.
The Investment Adviser to the Company is Octopus Healthcare
Adviser Ltd, which is part of the Octopus Healthcare group. Octopus
Healthcare invests in and develops properties as well as creating
partnerships to deliver innovative healthcare buildings to improve
the health, wealth and wellbeing of the UK. It currently manages
over GBP1.4 billion of healthcare investments across a number of
platforms, with a focus on five core areas: GP surgeries, care
homes, special education schools, retirement housing and private
hospitals. Octopus Healthcare is part of the Octopus group, a
fast-growing UK fund management business with leading positions in
several specialist sectors including healthcare property, energy,
property finance and smaller company investing. Octopus manages
GBP8.0 billion of funds for more than 50,000 retail and
institutional investors as well as supplying energy to more than
220,000 customers.
Octopus Healthcare Adviser Ltd is authorised and regulated by
the Financial Conduct Authority.
The Company's website address is www.medicxfund.com. Neither the
contents of the Company's website nor the contents of any website
accessible from hyperlinks on the Company's website (or any other
website), nor the contents of any website accessible from
hyperlinks within this announcement, are incorporated into, or
forms part of, this announcement.
The Company's Legal Entity Identifier is
2138008POF35FTNFCB25
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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