First Interim Dividend

RNS Number : 9822Q

Murray International Trust PLC

22 April 2009

 



Murray International Trust PLC

22 April 2009

Announcement of First Interim Dividend

The year has started well from a revenue perspective and the Board is pleased to declare an increased first interim dividend in respect of the year ending 31 December 2009 of 5.6p net (2008 - 4.80p) which will be payable on 14 August 2009 to Ordinary shareholders on the register on 10 July 2009, provisional ex dividend date 8 July 2009.  Shareholders should note that this increase also reflects a continuation of the Board's policy of seeking to reduce the differential between the interim and final dividends.

In accordance with the terms of the Articles of Association of the Company the Directors have resolved to make a corresponding bonus issue of B Ordinary shares. This capitalisation issue is equivalent in asset value to the first interim dividend payable on the Ordinary shares, but excluding any tax credit thereon. Definitive certificates in respect of the new B Ordinary shares arising from the capitalisation will be posted on 14 August 2009 to holders of B Ordinary shares on the register as at close of business on 10 July 2009. Further details of the number of new B Ordinary shares to be issued will be announced in due course.

 

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