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Second Interim Dividend Announced

20 Sep 2012 07:00

RNS Number : 6699M
Redefine International PLC
20 September 2012
 



20 September 2012

 

REDEFINE INTERNATIONAL P.L.C.

("Redefine International" or the "Company")

 

Redefine International Announces Second Interim Dividend

 

The Board of Redefine International, the diversified income focused property company, is pleased to announce that it has resolved to declare a second interim dividend of 2.30 pence per share in respect of the six-month period ended 31 August 2012.

 

Taken together with the interim dividend of 2.10 pence per share in respect of the six-month period ended 29 February 2012, the total dividends for the financial year ended 31 August 2012 are 4.40 pence per share (2011: 4.13 pence), which is in line with the forecasted full year dividend of 4.40 pence per share announced by the Company in the Wichford P.L.C. reverse acquisition prospectus in 2011.

Set out below is the expected dividend timetable:

 

Ex-dividend date: 26 September 2012

Record date: 28 September 2012

Payment date: 22 November 2012

 

As set out in the prospectus published on 13 September 2012 in relation to the Firm Placing and Open Offer, the new ordinary shares to be issued pursuant to the Firm Placing and Open Offer will not be admitted to trading until 9 October 2012 and will therefore not be eligible for this second interim dividend. The new ordinary shares to be issued pursuant to the Firm Placing and Open Offer, when issued and fully paid, will rank pari passu in all other respects with the existing ordinary shares as at the date of issue.

 

Further enquiries:

 

Redefine International Property Management Limited

Investment Adviser

 

 

Michael Watters, Stephen Oakenfull

Tel: +44 (0) 20 7811 0100

 

FTI Consulting

Public Relations Adviser

 

 

 

Stephanie Highett, Dido Laurimore

Tel: +44 (0) 20 7831 3113

 

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