Sequoia Economic Infra Inc Fd Ld Scrip Share Reference Price (6445D)
October 29 2020 - 6:59AM
UK Regulatory
TIDMSEQI
RNS Number : 6445D
Sequoia Economic Infra Inc Fd Ld
29 October 2020
29 October 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 second quarterly interim
dividend for the financial period ending 30 September 2020 (the "Q2
Dividend") has been set at 106.04p. 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 Q2 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
GBP25,880,530.
If all eligible Shareholders elected, under the scrip dividend
alternative, to receive the Q2 Dividend in the form of new shares
in the capital of the Company ("Ordinary Shares") rather than in
cash in respect of their entire holdings, 24,406,384 Ordinary
Shares would be issued (ignoring any reduction in respect of
fractions), representing approximately 1.47% of the issued Ordinary
Share capital of the Company as at today's date.
The Q2 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 27 November 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
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