Threadneedle UK Select Trust Limited
Registered No: 475
7 September 2016
Announcement of Scrip Dividend Reference Price
On 11 August 2016, the Company announced a first interim dividend in respect of the year ending 31 December 2016 of 1.95 pence per ordinary share (the "First Interim Dividend"), payable on 31 October 2016 to shareholders on the register as at close of business on Friday, 19 August 2016 (the "Record Date").
The Company operates a scrip dividend scheme, which allows qualifying shareholders to receive dividends in new ordinary shares instead of cash (the "Scheme"). The detailed terms of the Scheme in respect of the First Interim Dividend are set out in a circular to shareholders that will be despatched shortly.
In relation to the First Interim Dividend, the reference price of a share under the Scheme has been set at 175.00p. This is the average of the closing middle market price as derived from the Daily Official List for the Company's ordinary shares for the five consecutive dealing dates commencing on the ex-dividend date of 18 August 2016. Accordingly, a shareholder electing for the scrip dividend option rather than cash would receive one ordinary share for every 89.7436 ordinary shares registered in their name on the Record Date in respect of which they have elected for the scrip dividend option.
All elections for the scrip dividend option must be received by the Company's registrar by no later than 5.00 p.m. on 6 October 2016.
JTC Fund Solutions (Guernsey) Limited
Tel: + 44 (0) 1481 702400
This information is provided by RNS