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Scrip Dividend Declaration

13 Jun 2013 12:49

RNS Number : 9922G
The MedicX Fund Limited
13 June 2013
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For immediate release

13 June 2013

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MedicX Fund Limited

("MedicX Fund", "the Fund" or "the Company")

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Scrip Dividend Declaration

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MedicX Fund (LSE: MXF) announces that, pursuant to its scrip dividend scheme (the "Scrip Dividend Alternative"), 387,574 ordinary shares of no par value in the Company ("Shares") will be sold out of treasury by the Company on 28 June 2013 to shareholders who elected to participate in the Scrip Dividend Alternative. Electing shareholders will receive the Shares in lieu of receiving cash for the June 2013 interim dividend in respect of the quarter ended 31 March 2013.

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Elections pursuant to the Scrip Dividend Alternative were received in respect of 8.4 per cent. of the ordinary shares in issue as at the record date of 17 May 2013. The Shares will rank pari passu with the existing ordinary shares.

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Following the transaction, the Company will have 263,645,780 ordinary shares in issue, of which 1,974,283 will be held in treasury. Accordingly the total voting rights in issue will be 261,671,497.

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Copies of the documents relating to the Scrip Dividend Alternative are available for inspection through the National Storage Mechanism (http://www.morningstar.co.uk/uk/NSM).

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End

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For further information please contact:

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MedicX Group +44 (0) 1483 869 500

Keith Maddin, Chairman

Mike Adams, Chief Executive Officer

Mark Osmond, Chief Financial Officer

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MedicX Fund +44 (0) 1481 723 450

David Staples, Chairman

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Canaccord Genuity Limited +44 (0) 20 7523 8000

Andrew Zychowski/Helen Goldsmith

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Buchanan +44 (0) 20 7466 5000

Charles Ryland/Sophie McNulty

www.buchanan.uk.com

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Information on MedicX Fund Limited

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MedicX Fund Limited ("MXF", the "Fund" or the "Company", or together with its subsidiaries, the "Group") is the specialist primary care infrastructure investor in modern, purpose-built primary healthcare properties in the United Kingdom, listed on the London Stock Exchange, with a portfolio comprising 121 properties.

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The Investment Adviser to the Company is MedicX Adviser Ltd, which is authorised and regulated by the Financial Conduct Authority and is a subsidiary of the MedicX Group. The MedicX Group is a specialist investor, developer and manager of healthcare properties with 31 people operating across theĀ UK.

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The Company's website address isĀ www.medicxfund.com. Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website), nor the contents of any website accessible from hyperlinks within this announcement, are incorporated into, or forms part of, this announcement.Ā 

This information is provided by RNS
The company news service from the London Stock Exchange
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END
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