Dividend Currency Election & Election Method

Summary by AI BETAClose X

Fair Oaks Income Limited has announced the dividend rate for shareholders electing to receive their payment in Sterling, which will be 8.61849007 pence per share, following the redenomination of Ordinary Shares from USD to EUR. The default payment currency for dividends is now Euro, but shareholders can elect to receive Sterling by submitting a Dividend Currency Election form. This election remains in place for certificated shareholders unless revoked, while CREST shareholders can elect Sterling with each dividend declaration.

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