RE: Rise16 Jun 2017 21:43
The reason why i mention this about the B shares that was given to shareholders as a percentage to their holdings is this from the RNS and some could have received them ,
Hense .
Bonus B Shares Dividend
Fri, 14th Jun 2013 08:59
RNS Number : 0646H
CIC Capital Ltd
14 June 2013
?
CIC CAPITAL LTD.
("CIC" or the "Company")
Annual issue of Bonus B Shares Dividend and proposed conversion of June 2012 B Share Dividend shares into new common shares
CIC (AIM: CICC), the consulting and advisory firm operating primarily in the mining and energy infrastructure sectors, is pleased to announce the intention to issue Special Series B Class Non-Voting shares (the "B Shares") to all registered shareholders.
This award to shareholders represents the second year running a dividend has been awarded by the Company.
The number of B Shares that registered shareholders shall be entitled to shall be the equivalent to 4 percent of their shareholding at the Record Date, being 30 July 2013. That is the date the Company will view the shareholder list to award the bonus dividend.
The B Shares will not be admitted to trading on AIM and will be non-voting. The B Shares will however have the right to convert into common ordinary shares at end June 2014 at an equivalent price of one B Share for one common ordinary share at which point application for the converted shares to be admitted to trading on AIM shall be made.
Stuart J. Bromley, CEO, a substantial shareholder and Hao Quan, who between them own 84,616,999 common shares representing 45.38 per cent of the common shares in issue, have elected not to receive their dividend entitlement for a second year.