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UK Select Trust Ld (UKT)

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Monday 18 April, 2011

UK Select Trust Ld

Calculation of Scrip Dividend Reference Price

RNS Number : 1268F
UK Select Trust Limited
18 April 2011
 

Registered Number: 475

 

18 April 2011

 

 

 

UK SELECT TRUST LIMITED

(the "Company")

 

CALCULATION OF A SCRIP DIVIDEND REFERENCE PRICE

 

 

In relation to the second interim dividend for the year ended 31 December 2010 announced on 31 March 2011, the reference price of a share under the scrip dividend option has been set at 140.80p.  This is the average of the Company's middle market closing prices for the five consecutive dealing dates commencing on the ex-dividend date of 6 April 2011.  Accordingly, a shareholder electing for the scrip dividend option rather than cash would receive 1 new share for every 46.933 shares held registered in their name at the close of business on the record date (being 8 April 2011) in respect of which they have elected for the scrip dividend option.

 

The detailed terms of the scrip dividend option are set out in the circular to shareholders that will be despatched shortly.  All elections for the scrip dividend option must be received by the Company's registrar by no later than 5.00 p.m. on 11 May 2011.

 

 

For further information please contact:

Company Secretary

Kleinwort Benson (Channel Islands) Fund Services Limited

01481 727111

 

 

Date:  18 April 2011

 

 

END


This information is provided by RNS
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