20th Feb 2014 07:00
GROUND RENTS INCOME FUND PLC
PID dividend
20 February 2014
Ground Rents Income Fund plc today announces an interim PID dividend for the period from 1 January 2014 to 31 March 2014 of 1.043 pence per ordinary share and 0.5 pence per convertible preference share as follows:
Ex-Dividend Date - 26 February 2014
Record Date - 28 February 2014
Payment Date - 31 March 2014
June dividend
It is proposed that the interim PID, non PID dividend and convertible preference share dividend to be announced on 15 May 2014 will be for the period from 1 April 2014 to the preference share conversion date (being the earlier of the date falling 12 months after the admission of the preference shares and such business day as the Directors may otherwise determine). This is to cover the period up to the expected preference share conversion. The final quarter PID and non PID dividend will cover the period immediately following the preference share conversion date up to 30 September 2014.
Ex-Dividend Date - 21 May 2014
Record Date - 23 May 2014
Payment Date - 30 June 2014
FOR FURTHER INFORMATION CONTACT:
Simon Wombwell (Director)
| +44 (0)207 499 6424 |
N+1 Singer (Broker) | +44 (0)207 496 3000 |
James Maxwell / Gillian Martin
|
|
Appleby Securities (Channel Islands) Limited (Sponsor) | +44 (0)1481 755 620 |
Kate Storey |
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END OF ANNOUNCEMENT
Related Shares:
Ground Rents