1st Sep 2022 07:00
1 September 2022
ROUND HILL MUSIC ROYALTY FUND LIMITED (the "Company")
Registration number: 68002
Legal Entity Identifier: 213800752UO1CJTV8C39
Dividend Announcement
The Company is pleased to announce that the Board of Directors has declared a dividend of USD0.01125 per Ordinary Share for the quarter ending 30 June 2022. The Company has elected, under the provisions of UK Statutory Instrument 2009/2034, to designate all of the dividend for the 3 month period to 30 June 2022 as an interest distribution to its shareholders.
The dividend will be paid gross on Friday, 16 September 2022 to holders of Ordinary Shares of record on Friday, 9 September 2022. The ex-dividend date is Thursday, 8 September 2022.
The Company continues to anticipate paying to holders of Ordinary Shares an annualised dividend of 4.5 per cent. by reference to the Company's initial Issue Price of USD1.00 for the financial period to 31 December 2022.
FOR FURTHER INFORMATION | |||
Round Hill | |||
Josh Gruss, Founder and CEO | via Buchanan below | ||
Steve Clark, COO | |||
Cenkos | |||
Sales: | |||
Justin Zawoda-Martin | +44 20 | 7397 | 1923 |
Daniel Balabanoff | +44 20 | 7397 | 1909 |
Andrew Worne | +44 20 | 7397 | 1912 |
Corporate: | |||
James King | +44 20 | 7397 | 1913 |
Will Talkington | +44 20 | 7397 | 1910 |
Buchanan | |||
Charles Ryland | +44 20 | 7466 | 5107 |
Henry Wilson | +44 20 | 7466 | 5111 |
Hannah Ratcliff | +44 20 | 7466 | 5102 |
JTC | |||
Mariana Enevoldsen | +44 1481 702485
| ||
End of announcement
Notes:Terms defined in the prospectus published by the Company on 19 October 2020 and the supplementary prospectus published on 3 November 2020 (together the "Prospectus") shall have the same meaning when used in this announcement.
The Company is a non-cellular Guernsey company. The Company's Investment Objective is to provide investors with an attractive level of regular and growing income and capital returns from investment primarily in high quality, music intellectual property. In order to achieve its Investment Objective the Company will invest in a songwriter's copyright interest in a musical composition or song (being their writer's share, their publisher's share and their performance rights) together with the rights in the recording of the musical composition or song (known as the master recording rights) together with all such rights and assets considered by its investment manager, Round Hill Music LP, to be ancillary thereto.
Founded in 2010, Round Hill is a fully integrated owner and operator of music copyright properties. Headquartered in New York with additional offices in Nashville, Los Angeles and London, Round Hill has an experienced management and investment team with an established reputation and extensive experience in the music and finance industries.
Related Shares:
RHM.L