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Proposed distribution

2nd Dec 2010 07:00

RNS Number : 2262X
Trinity Capital PLC
02 December 2010
 

 

Trinity Capital plc("the Company")

 

Proposed distribution

 

 

The Board of Directors (the "Board") of the Company is pleased to announce that it is currently intending to make a distribution of 16.6p per share, equivalent to approximately £35 million, to shareholders (the "Distribution"). The Distribution will be financed from the distributable reserve created by the cancellation of share premium account that took place shortly after the Company was admitted to AIM in 2006. It is intended that the Distribution will be paid on 23rd December 2010 to shareholders recorded on the register on 7th December 2010. The shares will be marked ex on 3rd December 2010.

 

 

Further information, please contact:

 

Enquiries:

 

MHP Communications

Tim McCall / James White +44 20 3128 8756  

 

IOMA Fund and Investment Management Limited

Philip Scales, Director +44 1624 681250

 

Evolution Securities Ltd

Nominated Adviser and Joint Broker

Bobbie Hilliam / Chris Clarke, Corporate Finance +44 207 071 4300

 

Arden Partners plc, Joint Broker 

Chris Hardie, Corporate Finance +44 207 614 5917

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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