RNS Number : 7915B
UK Select Trust Limited
20 April 2012
Registered Number: 475
20 April 2012
UK SELECT TRUST LIMITED
CALCULATION OF A SCRIP DIVIDEND REFERENCE PRICE
On 20 April 2012 the Company announced the Scrip dividend reference price under RNS number 7777B13. That announcement incorrectly cited a reference price of a share as 121.09 pence, which should have read 122.25 pence. The entire announcement including the correct reference price is given below:
In relation to the second interim dividend for the year ended 31 December 2011 announced on 30 March 2012, the reference price of a share under the scrip dividend option has been set at 122.25p. 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 11 April 2012. Accordingly, a shareholder electing for the scrip dividend option rather than cash would receive one ordinary share for every 38.8095 ordinary shares registered in their name at the close of business on the record date (being 13 April 2012) 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 May 2012.
For further information please contact:
Kleinwort Benson (Channel Islands) Fund Services Limited
Date: 20 April 2012
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