11 Sep 2015 15:43
For immediate release
11 September 2015
MedicX Fund Limited
("MedicX Fund", "the Fund" or "the Company")
Scrip Dividend Declaration
MedicX Fund (LSE: MXF) announces that, pursuant to its scrip dividend scheme (the "Scrip Dividend Alternative"), elections were received in respect of 1.7 per cent. of the ordinary shares in issue as at the record date of 14 August 2015. Electing shareholders will receive ordinary shares of no par value in the Company ("Shares") in lieu of receiving cash for the September 2015 dividend in respect of the quarter ended 30 June 2015. Accordingly, 113,475 Shares will be sold out of treasury by the Company on 30 September 2015 to shareholders who elected to participate in the Scrip Dividend Alternative.
The Shares will rank pari passu with the existing ordinary shares.
Following the transaction, the Company will have 394,252,182 ordinary shares in issue, of which 29,126,876 will be held in treasury. Accordingly the total voting rights in issue will be 365,125,306.
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).
End
For further information please contact:
MedicX Fund +44 (0) 1481 723 450
David Staples, Chairman
Octopus Healthcare Group +44 (0) 1483 869 500
Mike Adams, Chief Executive Officer
Mark Osmond, Chief Financial Officer
Buchanan +44 (0) 20 7466 5000
Charles Ryland/Vicky Watkins
Information on MedicX Fund Limited
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 143 properties.
The Investment Adviser to the Company is Octopus Healthcare Adviser Ltd, which is authorised and regulated by the Financial Conduct Authority and is a subsidiary of the Octopus Healthcare Group. The Octopus Healthcare Group is a specialist investor, developer and manager of healthcare properties with 39 people operating across the UK.
The Company's website address is 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.