27 Feb 2017 07:00
Ranger Direct Lending Fund plc (the "Company")
Correction: Interim Dividend
27 February 2017
The following correction has been made to the 'Interim Dividend' announcement released on 24 February 2017 at 07.00am under RNS No 7331X:
Following changes to the taxation of dividends which will be effective from 6 April 2017, the interim dividend will be paid gross, and therefore all references to taxation have been removed.
All other details remain unchanged. The full text of the announcement is as seen below.
Interim Dividend
The Directors of the Company declare an interim dividend of 28.51 pence per ordinary share (USD equivalent 35.55 cents per ordinary share) for the three month period to 31 December 2016.
The dividend will be paid on 7 April 2017 to shareholders on the register as of 10 March 2017. The ex-dividend date is 9 March 2017.
The Company has elected to designate all of the interim dividend for the period 31 December 2016 as an interest distribution to its shareholders. In doing so the Company is taking advantage of UK tax treatment by "streaming" income from interest-bearing investments into dividends that will be taxed in the hands of shareholders as interest income.
The last date for elections for the Dividend Reinvestment Plan is 10 March 2017.
For further information about this announcement contact:
Capita Company Secretarial Services Limited
Secretary
Tel: +44 (0)20 7954 9531
24 February 2017
Investor information
Further up to date information, including Net Asset Values and the latest available monthly newsletter and portfolio information, is provided on the Company's website, which can be accessed via http://www.rangerdirectlending.uk/.
END OF ANNOUNCEMENT