Last checked at 
28 Jul 2017 11:50
GCP Infrastructure Investments Limited
("GCP Infrastructure" or the "Company")
LEI 213800W64MNATSIV5Z47
Headline: Dividend Declaration and Scrip Dividend Alternative
28 July 2017
The Board of the Company is pleased to announce a dividend of 1.9 pence per ordinary share, for the period from 1 April 2017 to 30 June 2017. The dividend will be paid on 15 September 2017 to holders of ordinary shares recorded on the register as at the close of business on 11 August 2017.
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 10 August 2017. A circular and form of election will be sent to shareholders on or around 18 August 2017. 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 4 September 2017. 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 | 10 August 2017 |
Record date for dividend | 11 August 2017 |
Posting of Forms of Election | 18 August 2017 |
Final time and date for receipt by the Receiving Agent of Forms of Election and for submission of CREST elections | 5.00 pm on 4 September 2017
|
Posting of dividend cheques | 14 September 2017 |
CREST stock account credited with new Ordinary Shares | 15 September 2017 |
Dividend payment date | 15 September 2017 |
Dealings commence in new Ordinary Shares | 15 September 2017 |
Posting of new Ordinary Share certificates | 15 September 2017 |
Gravis Capital Management Limited Stephen Ellis Rollo Wright Dion Di Miceli
| +44 (0)20 3405 8500 |
Stifel Nicolaus Europe Limited Mark Bloomfield Neil Winward Tunga Chigovanyika
| +44 (0)20 7710 7600 |
Buchanan Charles Ryland Henry Wilson Victoria Haynes
| +44 (0)20 7466 5000 |
Notes to the Editor
About GCP Infrastructure Investments Limited
The Company is a closed-ended London Stock Exchange-listed investment company that seeks to generate returns from senior and subordinated infrastructure debt and related and/or similar assets. The Company is advised by Gravis Capital Management Limited.