GCP Infrastructure Investments Ltd Dividend Declaration (2306E)

TIDMGCP

RNS Number : 2306E

GCP Infrastructure Investments Ltd

14 July 2016

GCP Infrastructure Investments Limited

(the "Company")

Headline: Dividend Declaration and Scrip Dividend Alternative

14 July 2016

The Board of the Company is pleased to announce a dividend of 1.9 pence per ordinary share, for the period from 1 April 2016 to 30 June 2016. The dividend will be paid on 26 August 2016 to holders of ordinary shares recorded on the register as at the close of business on 22 July 2016.

The Company will also be offering a scrip dividend alternative under which shareholders may elect to receive new ordinary shares in lieu of the cash dividend. The price of a new ordinary share to be issued under the scrip dividend alternative will be calculated by taking the average of the Company's closing middle market quotations of an ordinary share for the five consecutive dealing days commencing on the ex-dividend date of 21 July 2016. A circular and form of election will be sent to shareholders on or around 1 August 2016. Shareholders who hold their shares in certificated form and who wish to automatically receive all or part of the interim dividend by way of new shares in the Company, not only on this occasion but on all future occasions where the Company decides to offer a scrip dividend alternative, should complete and return the form of election that will be provided to them with the circular by 5.00pm on 15 August 2016. For shareholders who hold their shares through CREST, a CREST Dividend Election Input Message should be submitted on each occasion where a scrip dividend alternative is offered.

Expected timetable:

 
 Shares quoted ex-dividend                      21 July 2016 
 Record date for dividend                       22 July 2016 
 Posting of Forms of Election                  1 August 2016 
 Final date for receipt by                    15 August 2016 
  the Receiving Agent of Forms 
  of Election 5pm 
 Posting of dividend warrants                 25 August 2016 
  and cheques 
 CREST stock account credited 
  with new Ordinary Shares                    26 August 2016 
 Dividend payment date                        26 August 2016 
 Dealings commence in new Ordinary            26 August 2016 
  Shares 
 Posting of new Ordinary Share                26 August 2016 
  Certificates 
 

Gravis Capital Partners LLP [phone]

Stephen Ellis

Rollo Wright

Dion Di Miceli

Stifel Nicolaus Europe Limited [phone]

Neil Winward

Mark Bloomfield

Tunga Chigovanyika

Buchanan 44 (0)20 7466 5000

Charles Ryland

Sophie McNulty

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 14, 2016 09:29 ET (13:29 GMT)