RE: Divi24 Sep 2019 10:38
from the RNS
"In order to be able to return these proceeds to shareholders, Allied Minds intends to take the necessary steps to create sufficient distributable reserves, including a resolution at the general meeting. Subject to there being sufficient available distributable reserves, Allied Minds intends to return proceeds to shareholders via a special dividend, share buyback or other method, and will evaluate market conditions and other factors, and consult with shareholders on the preferred method of capital return. Further details on the Board's current expectations regarding the use of proceeds and the proposed return of capital to Allied Minds' shareholders will be set out in the class 1 circular."