Icg-longbow Share Price (LBOW)

I have LBOW in an isa with freetrade they say they haven't received the dividend ýet. Is the true for anyone else??

7.4p return of capital..

17 August exdivided

1st September payment

Today announcement that a US firm has increased its holding to 10% after buying 5% on the 13th January. They took their original stake in August 22.
Announcement on 16th suggested another 5p distribution shortly following the latest loan repayment.
Still looks like there is money on the table here.

ICG-Longbow Senior Secured UK Property Debt Investments Limited (the Company)
Return of Capital and NAV
As announced on the 20th December 2021 the Company has received repayment in full of the £16.2 million GMG loan, following a sale of the underlying property. The repayment is accompanied by interest and exit fees of approximately £0.8 million in aggregate. The Board of Directors of the Company is consequently pleased to announce that it has resolved to return an amount of 14.00 pence per ordinary share to shareholders, being £16,982,389 in total based on the current number of ordinary shares in issue. This return of capital will be effected by way of an issue of redeemable B shares to existing shareholders pro rata to their shareholding on the record date set out below and the subsequent redemption of those B shares.

The estimated unaudited net asset value per ordinary share as at 31 October was 92.70 pence per ordinary share. Adjusting for the returns of capital since, including this 14.00 pence return, the NAV would be 72.20 pence per ordinary share.
Post the return of this capital, the Company will have returned an amount of 26.00 pence per ordinary share to shareholders, being £31,538,722 in total.


It is expected that the timetable for the return of capital will be as follows:
Ex-date 13-Jan-22
Record date for shareholders on the register to receive B shares 14-Jan-22
121,302,779 B shares issued pro-rata to shareholders on the register as at the record date 17-Jan-22
121,302,779 B shares redeemed at 14.00 pence per share and cancelled 21-Jan-22
Cheques in relation to the redemption payment sent to shareholders that hold their shares in certificated form 28-Jan-22
Redemption payment made through CREST to shareholders who hold their shares in uncertificated form 28-Jan-22

Thanks @devonplay. I'll give it another day or two and get in touch.