Last checked at 
18 Nov 2013 15:00
GCP Infrastructure Investments Limited
(the "Company")
Dividend Declaration and Scrip Dividend Alternative
18 November 2013
The Board of the Company is pleased to announce a dividend of 3.8 pence per ordinary share, for the period from 1 April 2013 to 30 September 2013. The dividend will be paid on 30 December 2013 to holders of ordinary shares recorded on the register as at the close of business on 29 November 2013.
The Company will also be offering a scrip dividend alternative under which shareholders may elect to receive new ordinary shares in lieu of the cash dividend. The price of a new ordinary share to be issued under the scrip dividend alternative will be calculated by taking the average of the Company's closing middle market quotations of an ordinary share for the five consecutive dealing days commencing on the ex-dividend date of 27 November 2013. A circular and form of election will be sent to shareholders on or around 5 December 2013. Shareholders who hold their shares in certificated form and who wish to automatically receive all or part of the interim dividend by way of new shares in the Company, not only on this occasion but on all future occasions where the Company decides to offer a scrip dividend alternative, should complete and return the form of election that will be provided to them with the circular by 5.00pm on 18 December 2013. For shareholders who hold their shares through CREST, a CREST Dividend Election Input Message should be submitted on each occasion where a scrip dividend alternative is offered.
Expected timetable:
Shares quoted ex-dividend | 27 November 2013 |
Record date for dividend | 29 November 2013 |
Posting of Forms of Election | 5 December 2013 |
Final date for receipt by the Receiving Agent of Forms of Election |
5.00pm (London time) on 18 December 2013 |
Posting of dividend warrants and cheques | 27 December 2013 |
CREST stock account credited with new Ordinary Shares |
30 December 2013 |
Dividend payment date | 30 December 2013 |
Dealings commence in new Ordinary Shares Posting of new Ordinary Share Certificates | 30 December 2013 30 December 2013 |
Contact details: | |
Gravis Capital Partners LLP | |
Stephen Ellis | +44 (0)20 7518 1495 |
RolloWright | +44 (0)20 7518 1493 |
Oriel Securities | |
Neil Winward | +44 (0)20 7710 7600 |
Tunga Chigovanyika | |
Cenkos Securities | |
Dion Di Miceli | +44 (0)20 7397 1921 |
Tom Scrivens | +44 (0)20 7397 1915 |
Buchanan | |
Charles Ryland | +44 (0)20 7466 5000 |
Sophie McNulty | |
Louise Hadcocks |
About GCP Infrastructure Investments Limited
The Company is a closed-ended investment company that seeks to generate returns from subordinated PFI debt and related and/or similar assets (the "Target Assets"). The Company achieves this by investing substantially all of its capital in the Master Fund, an open-ended investment company that holds the Target Assets. The Company is the majority shareholder of the Master Fund.
End of Announcement