RNS Number : 4263O
UK Select Trust Limited
16 September 2011
Registered Number: 475
UK SELECT TRUST LIMITED
Calculation of Scrip Dividend Reference Price
In relation to the interim dividend for the period ended 30 June 2011 announced on 17 August 2011, the reference price of a share under the scrip dividend option has been set at 120.42p. This is the average of the Company's middle market closing prices for the three consecutive dealing dates commencing on the ex-dividend date of 24 August 2011. Accordingly, a shareholder electing for the scrip dividend option rather than cash would receive 1 new share for every 126.754 shares held registered in their name at the close of business on the record date (26 August 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 10 October 2011.
For further information please contact:
Kleinwort Benson (Channel Islands) Fund Services Limited
Date: 16 September 2011
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