Dividend Reinvestment Plan

RNS Number : 3006P

Electra Private Equity PLC

04 June 2015

 



ELECTRA PRIVATE EQUITY PLC

4 June 2015

Dividend Reinvestment Plan

Further to the announcement on 21 May 2015 of an interim dividend to be paid on 24 July 2015, the Company announces details of the Dividend Reinvestment Plan.  Terms and conditions of the Dividend Reinvestment Plan and an application form will be posted to shareholders, together with the Half Year Report to 31 March 2015, on or around 16 June 2015.  The following is a summary only of the terms of the Plan and reference should be made to the full terms and conditions for further information.

Last date for election for the interim dividend payable on 24 July 2015: 3 July 2015

Election method: Application forms to be completed by holders with certificated accounts and returned by post to Equiniti. CREST holders (nominees) will be able to apply via CREST

Charges to join/leave plan: None

Costs of reinvestment: 0.5% of the value of the shares purchased, subject to a minimum fee of £1.75, plus a stamp duty reserve tax fee of 0.5% of the value of the shares purchased.

Partial election: nominees will be able to make a partial election; individual shareholders will not be able to make a partial election.

Restricted territories: Holders are eligible to apply if they are resident in the UK or EEA. Onus is on the holder to be aware of any other restrictions.  Further details are set out in the Terms and Conditions.

Details of the interim dividend are as follows:

Amount of dividend: 38 pence per share

Date of announcement: 21 May 2015

Ex-dividend date: 4 June 2015

Record date: 5 June 2015

Payment date:   24 July 2015.

- ENDS -

For further information, please call:

Eleanor Cranmer                                                                        

Frostrow Capital LLP

Company Secretary

Telephone: [phone]

 

END

 

 

STRBLGDLLBGBGUS